24 C.F.R. § 206.1

Purpose

Read at: eCFRecfr.gov CornellLII GovInfogovinfo.gov CasesGoogle Scholar

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”).

Notes of Decisions

Cited in 2 cases, 2016–2018 · leading case: Onewest Bank, FSB v. Smith, 135 A.D.3d 1063 (N.Y. App. Div. 2016).

Sort: Relevance Newest Treatment

Onewest Bank, FSB v. Smith, 135 A.D.3d 1063 (N.Y. App. Div. 2016). “The scheme in question is intended to enable the Secretary to provide insurance for reverse mortgages that will facilitate the offering of such mortgages to elderly homeowners by lenders which, in turn, will allow the homeowners to monetize their accumulated home equity (see 12…”

Reverse Mortg. Solutions, Inc. v. Goldwyn, 425 P.3d 617 (Kan. Ct. App. 2018). “See generally 24 C.F.R. § 206.1 et seq. (2017) (containing regulations for federally insured reverse mortgages, which are available to homeowners age 62 or older); Schieke, The Advisability of Reverse Mortgage to Pay for Care Needs , 47 Md.”

Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.