Skip to content
LexBuild

Federal Housing Administration (FHA): Single Family Mortgage Insurance Maximum Time Period for Filing Insurance Claims, Curtailment of Interest and Disallowance of Operating Expenses Incurred Beyond Certain Established Timeframes; Partial Withdrawal

---
identifier: "/us/fr/2015-26379"
source: "fr"
legal_status: "authoritative_unofficial"
title: "Federal Housing Administration (FHA): Single Family Mortgage Insurance Maximum Time Period for Filing Insurance Claims, Curtailment of Interest and Disallowance of Operating Expenses Incurred Beyond Certain Established Timeframes; Partial Withdrawal"
title_number: 0
title_name: "Federal Register"
section_number: "2015-26379"
section_name: "Federal Housing Administration (FHA): Single Family Mortgage Insurance Maximum Time Period for Filing Insurance Claims, Curtailment of Interest and Disallowance of Operating Expenses Incurred Beyond Certain Established Timeframes; Partial Withdrawal"
positive_law: false
currency: "2015-10-16"
last_updated: "2015-10-16"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Housing and Urban Development Department"
document_number: "2015-26379"
document_type: "proposed_rule"
publication_date: "2015-10-16"
agencies:
  - "Housing and Urban Development Department"
cfr_references:
  - "24 CFR Part 203"
rin: "2502-AJ23"
fr_citation: "80 FR 62510"
fr_volume: 80
docket_ids:
  - "Docket No. FR-5742-N-02"
fr_action: "Partial withdrawal of proposed rule."
---

#  Federal Housing Administration (FHA): Single Family Mortgage Insurance Maximum Time Period for Filing Insurance Claims, Curtailment of Interest and Disallowance of Operating Expenses Incurred Beyond Certain Established Timeframes; Partial Withdrawal

**AGENCY:**

Office of the Assistant Secretary for Housing—Federal Housing Commissioner, HUD.

**ACTION:**

Partial withdrawal of proposed rule.

**SUMMARY:**

This document withdraws part of a proposed rule, published in the *Federal Register* on July 6, 2015, that proposed to establish a maximum time period within which an FHA-approved mortgagee must file a claim with FHA for insurance benefits, and to revise HUD's policies concerning the curtailment of interest and the disallowance of certain expenses incurred by a mortgagee as a result of the mortgagee's failure to timely initiate foreclosure or timely take such other action that is a prerequisite to submission of a claim for insurance. This withdrawal covers only the portion of the proposed rule that would have established the maximum time period within which an FHA-approved mortgagee must file a claim with FHA for insurance benefits.

**DATES:**

As of October 16, 2015, HUD withdraws the proposed additions of §§ 203.317a and 203.372, and proposed revision to § 203.318, published Monday, July 6, 2015 (80 FR 38410).

**FOR FURTHER INFORMATION CONTACT:**

Ivery Himes, Director, Office of Single  Family Asset Management, Office of Housing, Department of Housing and Urban Development, 451 7th Street SW., Room 9172, Washington, DC 20410; telephone number 202-708-1672 (this is not a toll-free number). Persons with hearing or speech impairments may access this number by calling the Federal Relay Service at 800-877-8339 (this is a toll-free number).

**SUPPLEMENTARY INFORMATION:**

**I. Background**

On July 6, 2015, HUD published in the *Federal Register* a proposed rule that would have added § 203.372, establishing a maximum time period for filing a claim for insurance benefits, and § 203.317a, providing that the contract of insurance would be terminated if a mortgagee failed to file a claim within the maximum time period specified in § 203.372, to 24 CFR part 203. The proposed rule would have also revised § 203.318 to refer to termination of the insurance contract under new § 203.317a. Additionally, the proposed rule would amend § 203.402, and revise the title of § 203.474, related to proposals concerning the curtailment of interest and the disallowance of certain expenses incurred by a mortgagee as a result of the mortgagee's failure to timely initiate foreclosure or timely take such other action that is a prerequisite to submission of a claim for insurance.

In response to public comments expressing concern over the implementation of the proposed provisions regarding the maximum time period within which an FHA-approved mortgagee must file a claim with FHA for insurance benefits, HUD is withdrawing the proposed additions of §§ 203.317a and 203.372, and proposed revision to § 203.318. HUD will publish in the *Federal Register* any revised maximum time period for claim filing provisions in a proposed rule and solicit public comment on it.

**List of Subjects in 24 CFR Part 203**

Hawaiian Natives, Home improvement, Indians-lands, Loan programs-housing and community development, Mortgage insurance, Reporting and recordkeeping requirements, Solar energy.

*Partial Withdrawal of Proposed Rule.* For the reasons stated in the preamble and under the authority of 42 U.S.C. 3535(d), HUD withdraws the proposed additions of §§ 203.317a and 203.372, and proposed revision to § 203.318, in 24 CFR part 203.

Dated: October 7, 2015.

Edward L. Golding,

Principal Deputy Assistant Secretary for Housing.