24 CFR § 213.501 - Savings clause.

---
identifier: "/us/cfr/t24/s213.501"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "24 CFR § 213.501 - Savings clause."
title_number: 24
title_name: "Housing and Urban Development"
section_number: "213.501"
section_name: "Savings clause."
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: "213"
part_name: "COOPERATIVE 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. 1715b, 1715e; 42 U.S.C. 3535(d)."
regulatory_source: "36 FR 24553, Dec. 22, 1971, unless otherwise noted."
cfr_part: "213"
---


# 213.501 Savings clause.

No new loans are being insured under the Cooperative Housing Mortgage Insurance Program for individual properties released from a project mortgage. Any existing insured loans on individual properties released from a project mortgage under this program will continue to be governed by the regulations on eligibility requirements, contract rights and obligations, and servicing responsibilities in effect as they existed immediately before December 26, 1996.

[61 FR 60160, Nov. 26, 1996]