# Treble Damages for Failure To Engage in Loss Mitigation
> **US Department of Housing and Urban Development** · Final rule. · Published 2005-04-26 · Effective 2005-05-26 · 70 FR 21572
## Document
- **Document number:** 05-8334
- **Category:** hud-other
- **Agency:** US Department of Housing and Urban Development
- **Federal Register citation:** 70 FR 21572
- **CFR reference:** 24 CFR 30
- **Publication date:** 2005-04-26
- **Effective date:** 2005-05-26
- **Docket:** Docket No. FR-4553-F-03
## Abstract

This final rule amends HUD's civil money penalty regulations to reflect HUD's authorization to impose treble damages on a mortgagee for any mortgage for which the mortgagee had a duty but failed to engage in appropriate loss mitigation actions. The final rule follows publication of a proposed rule, takes into consideration the public comments received on the proposed rule, but makes no changes at this final rule stage.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2005/04/26/05-8334/treble-damages-for-failure-to-engage-in-loss-mitigation)
---
*MORVS · CC0 1.0*