Individuals & Families
Small Businesses
Nonprofits
Employers
Employee Benefits Brokers
PEOs
Credit Unions
Membership Groups
Legal Information
Sign In
/
U.S. Code of Federal Regula...
/
Title 24—Housing and Urban ...
/
CHAPTER II—OFFICE OF ASSIST...
/
PART 206—HOME EQUITY CONVERSION MORTGAGE INSURANCE
PART 206—HOME EQUITY CONVERSION MORTGAGE INSURANCE
§ 206.1 - Purpose.
§ 206.3 - Definitions.
§ 206.7 - Effect of amendments.
§ 206.8 - Preemption.
§ 206.9 - Eligible mortgagees.
§ 206.13 - Disclosure of available HECM program options.
§ 206.15 - Insurance.
§ 206.17 - Eligible mortgages: general.
§ 206.19 - Payment options.
§ 206.21 - Interest rate.
§ 206.23 - Shared appreciation.
§ 206.25 - Calculation of disbursements.
§ 206.26 - Change in payment option.
§ 206.27 - Mortgage provisions.
§ 206.31 - Allowable charges and fees.
§ 206.32 - No outstanding unpaid obligations.
§ 206.33 - Age of borrower.
§ 206.34 - Limitation on number of mortgages.
§ 206.35 - Title of property which is security for HECM.
§ 206.36 - Seasoning requirements for existing non-HECM liens.
§ 206.37 - Credit standing.
§ 206.39 - Principal residence.
§ 206.40 - Disclosure, verification and certifications.
§ 206.41 - Counseling.
§ 206.43 - Information to borrower.
§ 206.44 - Monetary investment for HECM for Purchase program.
§ 206.45 - Eligible properties.
§ 206.47 - Property standards; repair work.
§ 206.51 - Eligibility of mortgages involving a dwelling unit in a condominium.
§ 206.52 - Eligible sale of property-HECM for Purchase.
§ 206.53 - Refinancing a HECM loan.
§ 206.55 - Deferral of due and payable status for Eligible Non-Borrowing Spouses.
§ 206.57 - Cure provision enabling reinstatement of Deferral Period.
§ 206.59 - Obligations of mortgagee.
§ 206.61 - HECM proceeds during a Deferral Period.
§ 206.101 - Sale, assignment and pledge of insured mortgages.
§ 206.102 - Insurance Funds.
§ 206.103 - Payment of MIP.
§ 206.105 - Amount of MIP.
§ 206.107 - Mortgagee election of assignment or shared premium option.
§ 206.109 - Amount of mortgagee share of premium.
§ 206.111 - Due date of MIP.
§ 206.113 - Late charge and interest.
§ 206.115 - Insurance of mortgage.
§ 206.116 - Refunds.
§ 206.117 - General.
§ 206.119 - Commissioner authorized to make payments.
§ 206.121 - Commissioner authorized to make payments.
§ 206.123 - Claim procedures in general.
§ 206.125 - Acquisition and sale of the property.
§ 206.127 - Application for insurance benefits.
§ 206.129 - Payment of claim.
§ 206.131 - Contract rights and obligations for mortgages on individual dwelling units in a condominium.
§ 206.133 - Termination of insurance contract.
§ 206.134 - Partial release, addition or substitution of security.
§ 206.135 - Application for insurance benefits and fiscal data.
§ 206.136 - Conditions for assignment.
§ 206.137 - Effect of noncompliance with regulations.
§ 206.138 - Mortgagee's liability for certain expenditures.
§ 206.140 - Inspection and preservation of properties.
§ 206.141 - Property condition.
§ 206.142 - Adjustment for damage or neglect.
§ 206.143 - Certificate of property condition.
§ 206.144 - Final payment.
§ 206.145 - Items deducted from payment.
§ 206.146 - Debenture interest rate.
§ 206.201 - Mortgage servicing generally; sanctions.
§ 206.203 - Providing information.
§ 206.205 - Property charges.
§ 206.207 - Allowable charges and fees after endorsement.
§ 206.209 - Prepayment.
§ 206.211 - Determination of principal residence and contact information.
§ 206.300 - General.
§ 206.302 - Establishment of the HECM Counselor Roster.
§ 206.304 - Eligibility for placement on the HECM Counselor Roster.
§ 206.306 - Removal from the HECM Counselor Roster.
§ 206.308 - Continuing education requirements of counselors listed on the HECM Counselor Roster.