§ 207.257. Commissioner's right to require acceleration.
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/us/cfr/t24/s§ 207.257·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Upon receipt of notice of violation of a covenant, as provided for in § 207.256(b), or otherwise being apprised of the violation of a covenant, the Commissioner reserves the right to require the mortgagee to accelerate payment of the outstanding principal balance due in order to protect the interests of the Commissioner. \[76 FR 24371, May 2, 2011\]
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§ 207.257
Commissioner's right to require acceleration.
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