24 C.F.R. § 207.257 Commissioner's right to require acceleration.
Title 24 - Housing and Urban Development
Upon receipt of notice of violation of a convenant, as provided for in §207.256(b), or otherwise being appraised thereof, 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 Federal Housing Commissioner.
Title 24: Housing and Urban Development
PART 207—MULTIFAMILY HOUSING MORTGAGE INSURANCE
Subpart B—Contract Rights and Obligations
Rights and Duties of Mortgagee Under the Contract of Insurance
§ 207.257 Commissioner's right to require acceleration.
