Regulations of Connecticut State Agencies
The term of all mortgage insurance or guarantees with respect to CHFA mortgage loans shall not expire prior to the payment in full of said loan. Any mortgage insurance or guarantee shall be in full force and effect as of the closing date of the CHFA mortgage loan insured or guaranteed, and such insurance or guarantee shall name CHFA as the insured or the beneficiary of the guarantee.
A private mortgage insurer shall not charge a commission, fee, or other compensation for providing mortgage insurance other than premiums at the rate or rates filed with the Insurance Commissioner.
(Effective November 3, 1981)