Statutes, codes, and regulations
Code of Federal Regulations
Title 24 - HOUSING AND URBAN DEVELOPMENTSubtitle B - REGULATIONS RELATING TO HOUSING AND URBAN DEVELOPMENTChapter II - OFFICE OF ASSISTANT SECRETARY FOR HOUSING-FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENTSubchapter B - MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIESPart 241 - SUPPLEMENTARY FINANCING FOR INSURED PROJECT MORTGAGESSubpart D - CONTRACT RIGHTS AND OBLIGATIONS-MULTIFAMILY PROJECTS WITHOUT A HUD-INSURED OR HUD-HELD MORTGAGE
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Section 241.805a - Mortgagee's late charge

24 C.F.R. § 241.805a

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Current through May 31, 2024
Section 241.805a - Mortgagee's late charge

Mortgage insurance premiums which are paid to the Commissioner more than 15 days after the billing date or due date, whichever is later, shall include a late charge of 4 percent of the amount of the payment due, except that no late charge shall be required with respect to any case for which HUD fails to render a proper billing to the mortgagee.

24 C.F.R. § 241.805a