§207.256a. Reinstatement of defaulted mortgage.
24 C.F.R. § 207.256a
If, after default and prior to the completion of foreclosure proceedings, the mortgagor cures the default, the insurance shall continue on the mortgage as if a default had not occurred, provided the mortgagee gives notice of reinstatement to the Commissioner, in the manner prescribed in 24 CFR part 200, subpart B.
Notes, amendments, and revision history
Amendments
[76 FR 24370, May 2, 2011]
Authority
Authority: 12 U.S.C. 1701z-11(e), 1709(c)(1), 1713, 1715(b), and 1735d; 42 U.S.C. 3535(d).
Source
Source: 36 FR 24537, Dec. 22, 1971, unless otherwise noted.
Amendments
[76 FR 24370, May 2, 2011]