CFR /  Title 24  /  Part 266  /  Sec. 266.646 Determining the amount of loss.

The amount of the total loss to be shared by HUD and the HFA is equal to:

(a) The amount of the initial claim payment;

(b) Plus all items set forth in Sec. 266.648; and

(c) Less all items set forth in Sec. 266.650.