---
kind: "section"
citation: "24 C.F.R. § 203.500"
title: "24"
number: "203.500"
heading: "Mortgage servicing generally."
url: "https://uscodex.org/cfr/24/203.500"
---

# §203.500. Mortgage servicing generally.


This subpart identifies servicing practices of lending institutions that HUD considers acceptable for mortgages insured by HUD. Failure to comply with this subpart shall not be a basis for denial of insurance benefits, but failure to comply will be cause for imposition of a civil money penalty, including a penalty under [§ 30.35(c)(2)](/cfr/24/30.35.md?p=c-2), or withdrawal of HUD's approval of a mortgagee. It is the intent of the Department that no mortgagee shall commence foreclosure or acquire title to a property until the requirements of this subpart have been followed.


## Notes

### Amendments

[70 FR 21578, Apr. 26, 2005]

### Source

Source: 41 FR 49736, Nov. 10, 1976, unless otherwise noted.

### Authority

Authority: 12 U.S.C. 1707, 1709, 1710, 1715b, 1715z-16, 1715u, and 1715z-21; 15 U.S.C. 1639c; 42 U.S.C. 3535(d).

### Source

Source: 36 FR 24508, Dec. 22, 1971, unless otherwise noted.

### Amendments

[70 FR 21578, Apr. 26, 2005]