24 CFR 207.257

§ 207.257 Commissioner's right to require acceleration.

United States · 24 CFR — Housing and Urban Development · Status: effective

Cite this

Citation: 24 CFR 207.257, § 207.257 Commissioner's right to require acceleration, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/99804
Permanent ID: ys:prov:99804@1
SHA-256: 10c1368ba2627561e10284a9fd2b6f5ba45e06282b8f5cd383989bbe758df4c8

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

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.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.