§201.60. General.
24 C.F.R. § 201.60
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:
Amounts owed on loans assigned to the United States by insured lenders as the result of defaults by borrowers;
Unpaid insurance charges owed by lenders; and
Unpaid obligations of lenders arising from repurchase demands.
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.
Notes, amendments, and revision history
Source
Source: 58 FR 47379, Sept. 9, 1993, unless otherwise noted.
Authority
Authority: 12 U.S.C. 1703; 15 U.S.C. 1639c; 42 U.S.C. 3535(d).
Source
Source: 50 FR 43523, Oct. 25, 1985, unless otherwise noted.