---
kind: "section"
citation: "24 C.F.R. § 220.811"
title: "24"
number: "220.811"
heading: "Date of default."
url: "https://uscodex.org/cfr/24/220.811"
---

# §220.811. Date of default.


For the purposes of [§§ 220.800](/cfr/24/220.800.md) et seq., the date of default shall be considered as:

- (a) The date of the first uncorrected failure to perform a covenant or obligation under the note or security instrument; or
- (b) The date of the first failure to make a monthly payment which subsequent payments by the borrower are insufficient to cover when applied to the overdue monthly payments in the order in which they became due.

## Notes

### Authority

Authority: 12 U.S.C. 1713, 1715b, 1715k, and 1735d; 42 U.S.C. 3535(d).

### Source

Source: 36 FR 24573, Dec. 22, 1971, unless otherwise noted.