{"data":{"id":"us/24-cfr-266.606","jurisdiction":"us","citation":"24 CFR 266.606","heading":"Mortgage insurance premium: Duration and method of paying.","body":"(a) Duration of payments. Mortgage insurance premium payments must continue annually until one of the following occurs:\n(1) The mortgage is paid in full;\n(2) A deed to the HFA is filed for record;\n(3) An application for initial claim payment is received by the Commissioner; or\n(4) The contract of insurance is otherwise terminated.\n(b) Method of payment. The HFA shall pay any mortgage insurance premium required by this part in cash.","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 266—HOUSING FINANCE AGENCY RISK-SHARING PROGRAM FOR INSURED AFFORDABLE MULTIFAMILY PROJECT LOANS","Subpart G—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":"65fccd439e8e44372e9cabd26a35ceb9dffacdd18fc4ef518935920ea1635a5a","source_id":"us-cfr","stale":true,"prev":"us/24-cfr-266.604","next":"us/24-cfr-266.608"},"notice":"GroundRules: Original legal text. Not legal advice."}