24 CFR § 201.60 Title I Property Improvement and Manufactured Home Loans

§ 201.60 General.

Current through Aug 20, 2026 · Read all of Part 201

⚠ 1 pending change to Part 201

(a) Applicability. The provisions in this subpart apply to the collection of debts owed to the United States arising out of the Title I program. These debts include, but are not limited to:

(1) Amounts owed on loans assigned to the United States by insured lenders as the result of defaults by borrowers;

(2) Unpaid insurance charges owed by lenders; and

(3) Unpaid obligations of lenders arising from repurchase demands.

(b) Departmental debt collection regulations. Except as modified by this subpart, collection of debts arising out of the Title I program is subject to the Department's debt collection regulations in subpart C of 24 CFR part 17.

← § 201.55 Calculation of insurance claim payment.§ 201.61 Claims against debtors—principal amount of debt. →