Homeownership Counseling

Overview

This booklet addresses homeownership counseling requirements for delinquent borrowers under section 106(c)(5) of the Housing and Urban Development Act of 1968 (12 USC 1701x(c)(5)).

Applicability

This booklet applies to the OCC's supervision of national banks and federal savings associations. References to national banks in this booklet also generally apply to federal branches and agencies of foreign banking organizations. Refer to 12 USC 3102(b) and the "Federal Branches and Agencies Supervision" booklet of the Comptroller's Handbook for more information. This booklet does not apply to the supervision of banks that do not hold or service home loans as defined at 12 USC 1701x(c)(6)(C).