[Code of Federal Regulations]

[Title 24, Volume 1]

[Revised as of April 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 24CFR17.65]



[Page 215]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

PART 17_ADMINISTRATIVE CLAIMS--Table of Contents

 

   Subpart C_Procedures for the Collection of Claims by the Government

 

Sec.  17.65  Authority of offices to compromise claims or suspend or 

terminate collection action.



    (a) Small claims. The Assistant Secretary for Administration 

periodically shall establish and disseminate to claims collection 

officers a maximum dollar amount up to which claims collection officers 

are authorized to compromise a claim or suspend or terminate collection 

action on a claim.

    (b) Claims arising under certain programs. (1) The office primarily 

responsible for the following programs of the Department is authorized, 

in those cases where initial collection attempts are not wholly 

successful, to compromise or to suspend or terminate collection action 

on claims not exceeding $100,000 with respect to:

    (i) A claim under title I of the National Housing Act;

    (ii) A claim on a rehabilitation loan account under section 312 of 

the Housing Act of 1964;

    (iii) A claim against tenants or former tenants of properties 

acquired by, or under the custody of, the Secretary or held by him as 

mortgagee in possession; or

    (iv) A claim arising out of the operational (nonadministrative) 

activities of the Government National Mortgage Association (GNMA).

    (2) However, no office shall undertake to compromise or terminate 

any collection action excluded under Sec.  17.64(b).



[36 FR 24427, Dec. 22, 1971. Redesignated at 49 FR 32349, Aug. 14, 1984, 

and amended at 52 FR 35414, Sept. 21, 1987; 59 FR 34580, July 6, 1994]