24 CFR 207.252d

§ 207.252d Mortgagee's late charge.

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

Cite this

Citation: 24 CFR 207.252d, § 207.252d Mortgagee's late charge, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/99795
Permanent ID: ys:prov:99795@1
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Full text

Mortgage insurance premiums which are paid to the Commissioner more than 15 days after the billing date or due date, whichever is later, shall include a late charge of 4 percent of the amount of the payment due, except that no late charge shall be required with respect to any case for which HUD fails to render a proper billing to the mortgagee.

Legislative history

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