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a. Withdrawal of Application for Insurance Benefits (09/30/2016)
If the claim has not yet been paid, the Mortgagee may apply in writing to HUD’s MCM for consent to withdraw an application of insurance benefits. The Mortgagee must agree to:
• accept Reconveyance of the Property;
• promptly file a Reconveyance for record;
• accept the title evidence it furnished to HUD; and
• reimburse HUD for expenses incurred in holding the Property.