24 CFR 232.850
§ 232.850 Notice of default.
United States · 24 CFR — Housing and Urban Development · Status: effective
Cite this
- Citation
- 24 CFR 232.850, § 232.850 Notice of default, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/100014
- Permanent ID
ys:prov:100014@1- SHA-256
e445359b4a9e0094b87eebd35e648c62a8b21fd7a9ec92929c9bf4e4e0d69bb4
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) If the default is not cured within the 30 day grace period, as defined in § 232.830(c), the lender shall, within 30 days thereafter, notify the Commissioner in writing of such default.
(b) The lender shall give notice in writing to the Commissioner of the failure of the borrower to comply with any covenant or obligation under the security instrument or note regardless of the fact that the lender may not have elected to accelerate the debt.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.