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Code of Federal Regulations (Last Updated: May 6, 2024) |
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Title 24 - Housing and Urban Development |
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Subtitle B - Regulations Relating to Housing and Urban Development |
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Chapter II - Office of Assistant Secretary for Housing - Federal Housing Commissioner, Department of Housing and Urban Development |
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SubChapter B - Mortgage and Loan Insurance Programs Under National Housing Act and Other Authorities |
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Part 201 - Title I Property Improvement and Manufactured Home Loans |
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Subpart B - Loan and Note Provisions |
§ 201.16 - Default provision.
Latest version.
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§ 201.16 Default provision.
The loan note shall contain a provision for acceleration of maturity, at the option of the holder, upon a default by the borrower.