{"data":{"id":"us/24-cfr-201.16","jurisdiction":"us","citation":"24 CFR 201.16","heading":"Default provision.","body":"The loan note shall contain a provision for acceleration of maturity, at the option of the holder, upon a default by the borrower.","path":["Title 24—Housing and Urban Development","Subtitle B—Regulations Relating to Housing and Urban Development","CHAPTER II—OFFICE OF ASSISTANT SECRETARY FOR HOUSING—FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT","SUBCHAPTER B—MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES","PART 201—TITLE I PROPERTY IMPROVEMENT AND MANUFACTURED HOME LOANS","Subpart B—Loan and Note Provisions"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-24.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:55Z","sha256":"fdab107f5ed020d3279475ed1611e3c89d94b6b22b239227a49ab60efae264c1","source_id":"us-cfr","stale":true,"prev":"us/24-cfr-201.15","next":"us/24-cfr-201.17"},"notice":"GroundRules: Original legal text. Not legal advice."}