FHA Single Family Housing Policy Handbook 4000.1, Part IV — g. Interim Interest (05/09/2022)

hud-4000-1-iv-g-interim-interest

FHA Single Family Housing Policy Handbook 4000.1, Part IV — g. Interim Interest (05/09/2022).

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  id: hud-4000-1-iv-g-interim-interest
  authority: FHA Single Family Housing Policy Handbook 4000.1, Part IV — g. Interim Interest (05/09/2022)
  description: FHA Single Family Housing Policy Handbook 4000.1, Part IV — g. Interim Interest (05/09/2022).
  coverage_tier: operative
obligations:
  - id: hud-4000-1-iv-g-interim-interest-full
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    section: FHA Single Family Housing Policy Handbook 4000.1, Part IV — g. Interim Interest (05/09/2022)
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      tier: 1
      authority: FHA Single Family Housing Policy Handbook 4000.1, Part IV — g. Interim Interest (05/09/2022)
      source_class: hud-handbook
      source_url: https://www.hud.gov/hud-partners/single-family-handbook-4000-1
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      paragraph_quote: g. Interim Interest (05/09/2022) Interim Interest refers to the interest the Lender earns from the date of Default to the claim submission date on form HUD-637, plus 15 Days. HUD pays interim interest on the loan balance, up to a maximum of nine months of interest. The interim interest rate is the Treasury Current Value of Funds Rate, as determined and posted by the Department of the Treasury.

Verbatim regulatory text (1)

Verbatim provisions from FHA Single Family Housing Policy Handbook 4000.1, Part IV — g. Interim Interest (05/09/2022) — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.

FHA Single Family Housing Policy Handbook 4000.1, Part IV — g. Interim Interest (05/09/2022)

g. Interim Interest (05/09/2022) Interim Interest refers to the interest the Lender earns from the date of Default to the claim submission date on form HUD-637, plus 15 Days. HUD pays interim interest on the loan balance, up to a maximum of nine months of interest. The interim interest rate is the Treasury Current Value of Funds Rate, as determined and posted by the Department of the Treasury.

Source: FHA Single Family Housing Policy Handbook 4000.1, Part IV — g. Interim Interest (05/09/2022) · source URL · snapshot 8c03836f77f317e1