1. Regulations
  2. title 24
  3. chapter II
  4. part 206
  5. subpart A
  6. § 206.1

View all text of Subpart A [§ 206.1 - § 206.8]

§ 206.1 - Purpose.

The purposes of the Home Equity Conversion Mortgage (HECM) Insurance program are set out in section 255(a) of the National Housing Act, Public Law 73-479, 48 Stat. 1246 (12 U.S.C. 1715z-20) (“NHA”).

AUTHORITY: 12 U.S.C. 1715b, 1715z-20; 42 U.S.C. 3535(d)

SOURCE: 82 FR 7117, Jan. 19, 2017, unless otherwise noted.

CITE AS: 24 CFR 206.1