§ 201.60. General.
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/us/cfr/t24/s§ 201.60·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(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.
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- 24 CFR 17
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§ 201.60
General.
Cite24 CFR 17
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