24 CFR 206.1 - Purpose.

Regulations last checked for updates: May 03, 2025

Title 24 - Housing and Urban Development last revised: Apr 20, 2025

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; 42 U.S.C. 3535(d)

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

cite as: 24 CFR 206.1