§ 203.600 - Mortgage collection action.  


Latest version.
  • § 203.600 Mortgage collection action.

    Subject to the requirements of this subpart, mortgagees shall take prompt action to collect amounts due from mortgagors to minimize the number of accounts in a delinquent or default status. Collection techniques must be adapted to individual differences in mortgagors and take account of the circumstances peculiar to each mortgagor.