§ 201.60 - General.

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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.