---
kind: "section"
citation: "24 C.F.R. § 241.805a"
title: "24"
number: "241.805a"
heading: "Mortgagee's late charge."
url: "https://uscodex.org/cfr/24/241.805a"
---

# §241.805a. Mortgagee's late charge.


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.


## Notes

### Source

Source: 45 FR 57987, Aug. 29, 1980, unless otherwise noted.

### Authority

Authority: 12 U.S.C. 1715b, 1715z-6, and 1735d; 42 U.S.C. 3535(d).

### Source

Source: 36 FR 24653, Dec. 22, 1971, unless otherwise noted.