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Current as of January 02, 2025 | Updated by Findlaw Staff
Upon receipt of notice of the failure of the borrower to comply with any covenant or obligation under the security instrument or note, or otherwise being apprised thereof, the Commissioner may require the lender to accelerate payment of the outstanding principal balance due.
Cite this article: FindLaw.com - Code of Federal Regulations Title 24. Housing and Urban Development § 24.232.860 Commissioner's right to require acceleration - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-24-housing-and-urban-development/cfr-sect-24-232-860/
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