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e-CFR data is current as of January 14, 2021 |
Title 24 → Subtitle B → Chapter II → Subchapter B → Part 203 → Subpart B → §203.333 |
Title 24: Housing and Urban Development
PART 203—SINGLE FAMILY MORTGAGE INSURANCE
Subpart B—Contract Rights and Obligations
§203.333 Reinstatement of defaulted mortgage.
If after default and prior to the completion of foreclosure proceedings the mortgagor shall cure the default, the insurance shall continue as if a default had not occurred, provided the mortgagor pays to the mortgagee such expenses as the mortgagee has incurred in connection with the foreclosure proceedings and the mortgagee gives written notice of reinstatement to the Commissioner.