24 CFR 203.600

§ 203.600 Mortgage collection action.

United States · 24 CFR — Housing and Urban Development · Status: effective

Cite this

Citation: 24 CFR 203.600, § 203.600 Mortgage collection action, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/99676
Permanent ID: ys:prov:99676@1
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Full text

Subject to the requirements of this subpart, mortgagees shall take prompt action to collect amounts due from mortgagors to minimize the number of accounts in a delinquent or default status. Collection techniques must be adapted to individual differences in mortgagors and take account of the circumstances peculiar to each mortgagor.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.