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Code · CFR · Title 24 — Housing and Urban Development · Part 207 — Multifamily Housing Mortgage Insurance · § 207.256

§ 207.256. Notice to the Commissioner of default.

102 words·~1 min read·/us/cfr/t24/s§ 207.256·

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(a)If a default as defined in § 207.255(a) or
(b)is not cured within the grace period of 30 days provided under § 207.255(a)(3) or (b)(3), the mortgagee must, within 30 days after the date of the end of the grace period, notify the Commissioner of the default, in the manner prescribed in 24 CFR part 200, subpart B.
(b)The mortgagee must give notice to the Commissioner, in the manner prescribed in 24 CFR part 200, subpart B, of the mortgagor's violation of any covenant, whether or not the mortgagee has accelerated the debt. \[76 FR 24370, May 2, 2011\]
Connections17 cite this
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  • 24 CFR 200
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§ 207.256
Notice to the Commissioner of default.
Fed. Reg.×17
Cite24 CFR 200
Cites 1Cited by 17 across 1 source
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