---
kind: "section"
citation: "24 C.F.R. § 220.812"
title: "24"
number: "220.812"
heading: "Notice of default."
url: "https://uscodex.org/cfr/24/220.812"
---

# §220.812. Notice of default.

- (a) If the default as defined in [§ 220.810](/cfr/24/220.810.md) is not cured within the 30 day grace period, 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 the lender may not have elected to accelerate the debt.

## 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.