24 CFR § 266.25 - Limitation on HUD insurance liability.

---
identifier: "/us/cfr/t24/s266.25"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "24 CFR § 266.25 - Limitation on HUD insurance liability."
title_number: 24
title_name: "Housing and Urban Development"
section_number: "266.25"
section_name: "Limitation on HUD insurance liability."
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: "266"
part_name: "HOUSING FINANCE AGENCY RISK-SHARING PROGRAM FOR INSURED AFFORDABLE MULTIFAMILY PROJECT LOANS"
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. 1715z-22.; 42 U.S.C. 3535(d)."
regulatory_source: "59 FR 62524, Dec. 5, 1994, unless otherwise noted."
cfr_part: "266"
---


# 266.25 Limitation on HUD insurance liability.

The Commissioner shall have no obligation to recognize or deal with anyone other than the HFA in its role as mortgagee of record and as party to a risk-sharing agreement with HUD with respect to the rights, benefits, and obligations of the HFA under the contract of insurance.