Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 24 - Housing and Urban Development |
Subtitle B - Regulations Relating to Housing and Urban Development |
Chapter II - Office of Assistant Secretary for Housing - Federal Housing Commissioner, Department of Housing and Urban Development |
SubChapter B - Mortgage and Loan Insurance Programs Under National Housing Act and Other Authorities |
Part 203 - Single Family Mortgage Insurance |
Subpart C - Servicing Responsibilities |
Mortgagee Action and Forbearance |
§ 203.614 - Special forbearance.
Latest version.
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§ 203.614 Special forbearance.
If the mortgagee finds that a default is due to circumstances beyond the mortgagor's control, as defined by HUD, the mortgagee may grant special forbearance relief to the mortgagor in accordance with the conditions prescribed by HUD.
[61 FR 35020, July 3, 1996]