US lawFederal (United States)RegulationsTitle 24 CFR — Housing and Urban DevelopmentChapter II — OFFICE OF ASSISTANT SECRETARY FOR HOUSING—FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENTPart 206 — HOME EQUITY CONVERSION MORTGAGE INSURANCESubpart A — General206.124 C.F.R. § 206.1Purpose.Last amended: 2017Year: 2026Length: 32 wordsOfficial source Cite as 24 C.F.R. § 206.1 (2026)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”).Cross-references to the US Code12:1715z-20Next24 C.F.R. § 206.3