§ 203.469. Reinstatement of defaulted loan.
51 words·~1 min read·
/us/cfr/t24/s§ 203.469·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If after default and prior to assignment by the lender of the loan to the Commissioner, the borrower shall pay to the lender all monthly payments in default, written notice shall be given to the Commissioner within 30 days and the insurance shall continue as if such default had not occurred.