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SUBCHAPTER H-MORTGAGE INSURANCE FOR SERVICEMEN

Part

222

231

232

233

Servicemen's mortgage insurance.

SUBCHAPTER I-HOUSING FOR ELDERLY PERSONS

Housing mortgage insurance for the elderly.

SUBCHAPTER J—MORTGAGE INSURANCE FOR NURSING HOMES
Nursing homes mortgage insurance.

SUBCHAPTER K-EXPERIMENTAL HOUSING INSURANCE
Experimental housing mortgage insurance.

SUBCHAPTER L-CONDOMINIUM HOUSING INSURANCE

234 Condominium Ownership Mortgage Insurance.

235

236

SUBCHAPTER M-HOMES FOR LOWER INCOME FAMILIES

Mortgage insurance and assistance payments for home ownership and project rehabilitation.

SUBCHAPTER N-PROJECTS FOR LOWER INCOME FAMILIES

Mortgage insurance and interest reduction payments.

SUBCHAPTER O- -CREDIT ASSISTANCE

237

Special mortgage insurance for low and moderate income families.

SUBCHAPTER P-PURCHASE OF FEE SIMPLE TITLE

240 Mortgage insurance on loans for title purchase.

SUBCHAPTER Q-SUPPLEMENTAL PROJECT LOAN INSURANCE

241 Supplementary financing for FHA project mortgages.

SUBCHAPTER Q—1- -MORTGAGE INSURANCE FOR NONPROFIT HOSPITALS Nonprofit hospitals.

242

SUBCHAPTER R-WAR HOUSING INSURANCE

608

611

603 Individual homes, war housing mortgage insurance. Multifamily projects; war housing mortgage insurance. Single family project loans; war housing mortgage insurance.

SUBCHAPTER S-INSURANCE FOR INVESTMENTS IN RENTAL HOUSING FOR FAMILIES OF MODERATE INCOME

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803

SUBCHAPTER T-MILITARY AND ARMED SERVICES HOUSING
MORTGAGE INSURANCE

Armed services housing-military personnel.

803a Military housing insurance.

809 Armed services housing-civilian employees.

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903

908

SUBCHAPTER U-NATIONAL DEFENSE HOUSING INSURANCE

Individual residences; national defense housing mortgage insurance.
National defense rental housing mortgage insurance.

SUBCHAPTER V-LAND DEVELOPMENT INSURANCE

1000 Mortgage insurance for land development.

SUBCHAPTER W-GROUP PRACTICE FACILITIES INSURANCE

1100 Mortgage insurance for group practice facilities.

SUBCHAPTER Z-[RESERVED]

CROSS REFERENCES: Federal Deposit Insurance Corporation: See Banks and Banking, 12 CFR Chapter III.

Federal Home Loan Bank Board, 12 CFR Chapter V.

Federal Reserve System: See Banks and Banking, 12 CFR Chapter II.

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Sec.

200.95

200.96

200.97

200.98

200.99

MISCELLANEOUS DELEGATIONS

Field Office Chiefs of Operations and Assistants to the Directors. Field Office Directors, Deputy Directors and Assistant Directors; and Director, Multifamily Housing Insuring Office (New York). Assistant Commissioner for Field Operations and Deputy; Assistant Commissioner for Home Mortgages and Deputy; Regional Operations Commissioners and Deputies; Assistant Commissioner for Property Improvement and Deputy; and the Assistant Commisioner for Multifamily Housing and Deputy and Division Directors under their supervision. Chief Underwriter and Deputy, Chief Mortgage Credit Examiner and Deputy, Chief Appraiser and Deputy, Commitment Appraiser, and Commitment Mortgage Credit Examiner.

Real Property Officer.

200.100 Closing Clerk.

200.101 Assistant Commissioner for Property Disposition.

200.102 Assistant Commissioners,

General

Counsel, and Director, Audit
Division.

200.103 Division Directors and their su-
periors; the General Counsel;
Field Office Directors, Deputies,
and Assistants, and others.
200.104 Classified Information Control Offi-

cer.

200.105 Personnel Security Officer and Deputy.

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200.106 Assistant Commissioner for Field Operations and Deputy; Regional Operations Commissioners and Deputies; Directors, Deputy Directors, Assistant Directors, and Administrative Officers and Chief Clerks in FHA Field Offices; Assistant Commissioner for Administration; Director of Personnel; and Deputy Director of Personnel.

200.167

200.168

200.169

200.170

200.171

200.172

200.173

200.107 National emergency. 200.108 Director of the Management Division; Deputy Director of the Management Division; Chief of the Contracting Section; and Procurement Officer.

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Disbursement of proceeds to dealer. Disbursement of proceeds to bor

rower.

200.109 HUD Regional Administrators (except Regional Administrator, Region VII) and Assistant Regional Administrators for FHA.

Subpart E-Mortgage Insurance Procedures and

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Insurance charge.

Insurance reserves.

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as amended, sec. 907, 65 Stat. 301, as amended, sec. 807, 69 Stat. 651, as amended; 12 U.S.C. 1703, 1715b, 1742, 1747k, 1748f, 1750f.

Subpart A-Origin and Establishment § 200.1 Creation.

The Federal Housing Administration (frequently referred to herein as the FHA) was originally created by the National Housing Act, approved June 27, 1934 (48 Stat. 1246; 12 U.S.C. 1702). On November 9, 1965, by operation of the Department of Housing and Urban Development Act, approved September 9, 1965 (79 Stat. 667), the FHA was transferred to the Department of Housing and Urban Development.

[31 F.R. 7743, June 1, 1966] § 200.2

Status.

The Federal Housing Administration is an organizational unit within the Department of Housing and Urban Development.

[31 F.R. 7743, June 1, 1966] § 200.3 Purpose.

The Federal Housing Administration was established to encourage improvement in housing standards and conditions, to provide an adequate home financing system by insurance of housing mortgages and credit, and to exert a stabilizing influence on the mortgage market.

[26 F.R. 7380, Aug. 12, 1961]

§ 200.4 Meaning of term "Commissioner".

Effective January 18, 1966, the term "Commissioner," as used in this chapter, shall have the following meaning:

(a) Where the term appears in connection with the conveyance or assignment of real or personal property, it shall be deemed to refer to the Secretary of Housing and Urban Development.

(b) Where the term appears in connection with instances other than set forth in paragraph (a) of this section, it shall be deemed to refer to the Federal Housing Commissioner acting on behalf of the Secretary of Housing and Urban Development.

[31 F.R. 816, Jan. 21, 1966]

Subpart B-Functions and Programs

IN GENERAL

§ 200.5 Scope and nature of programs.

The Federal Housing Administration does not make loans or build housing but operates insurance programs under

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