{"data":{"id":"us/24-cfr-203.400","jurisdiction":"us","citation":"24 CFR 203.400","heading":"Method of payment.","body":"(a) If the application for insurance benefits is acceptable to the Commissioner, payment of the insurance claim shall be made in cash, in debentures, or in a combination of both, as determined by the Commissioner either at, or prior to, the time of payment.\n(b) An insurance claim paid on a mortgage insured under section 223(e) of the National Housing Act shall be paid in cash from the Special Risk Insurance Fund.","path":["Title 24—Housing and Urban Development","Subtitle B—Regulations Relating to Housing and Urban Development","CHAPTER II—OFFICE OF ASSISTANT SECRETARY FOR HOUSING—FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT","SUBCHAPTER B—MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES","PART 203—SINGLE FAMILY MORTGAGE INSURANCE","Subpart B—Contract Rights and Obligations"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-24.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:55Z","sha256":"784bffde0307fcf3be8a11c29ddb53eee932938903bae4e983e50e73c17af3e2","source_id":"us-cfr","stale":true,"prev":"us/24-cfr-203.391","next":"us/24-cfr-203.401"},"notice":"GroundRules: Original legal text. Not legal advice."}