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Code · CFR · Title 24 — Housing and Urban Development · Part 203 — Single Family Mortgage Insurance · § 203.600

§ 203.600. Mortgage collection action.

50 words·~1 min read·/us/cfr/t24/s§ 203.600·

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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.
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§ 203.600
Mortgage collection action.
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