24 CFR § 207.259a - Waiver of title objection; mortgages formerly Commissioner-held.

---
identifier: "/us/cfr/t24/s207.259a"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "24 CFR § 207.259a - Waiver of title objection; mortgages formerly Commissioner-held."
title_number: 24
title_name: "Housing and Urban Development"
section_number: "207.259a"
section_name: "Waiver of title objection; mortgages formerly Commissioner-held."
chapter_name: "OFFICE OF ASSISTANT SECRETARY FOR HOUSING—FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT"
subchapter_number: "B"
subchapter_name: "MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES"
part_number: "207"
part_name: "MULTIFAMILY HOUSING MORTGAGE INSURANCE"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 1701z-11(e), 1709(c)(1), 1713, 1715(b), and 1735d; 42 U.S.C. 3535(d)."
regulatory_source: "36 FR 24537, Dec. 22, 1971, unless otherwise noted."
cfr_part: "207"
---


# 207.259a Waiver of title objection; mortgages formerly Commissioner-held.

If the Commissioner sells a mortgage and such mortgage is later reassigned to him in exchange for debentures or the property covered by such mortgage is later conveyed to him in exchange for debentures, the Commissioner will not object to title by reason of any lien or other adverse interest that was senior to the mortgage on the date of the original sale of such mortgage by the Commissioner.