{"data":{"id":"us/24-cfr-241.1215","jurisdiction":"us","citation":"24 CFR 241.1215","heading":"Calculation of insurance benefits.","body":"All of the provisions of § 207.259 of this chapter apply to subpart F of this part, except that if the lender, at the direction of the Commissioner, acquires title to the project at a foreclosure sale instituted by the holder of the senior insured mortgage, the amount of the claim determined under § 207.259(c) of this chapter shall also include an amount bid by the lender to satisfy the senior insured mortgage at the foreclosure sale.","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 241—SUPPLEMENTARY FINANCING FOR INSURED PROJECT MORTGAGES","Subpart F—Insurance for Equity Loans and Acquisition Loans—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":"0f48351bffed19b96e2191729c5e7259b47a618f61f1713a80e0993c1cc12e10","source_id":"us-cfr","stale":true,"prev":"us/24-cfr-241.1210","next":"us/24-cfr-241.1220"},"notice":"GroundRules: Original legal text. Not legal advice."}