24 CFR § 220.811 - Date of default.

---
identifier: "/us/cfr/t24/s220.811"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "24 CFR § 220.811 - Date of default."
title_number: 24
title_name: "Housing and Urban Development"
section_number: "220.811"
section_name: "Date of default."
chapter_name: "OFFICE OF ASSISTANT SECRETARY FOR HOUSING—FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT"
subchapter_number: "B"
subchapter_name: "MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES"
part_number: "220"
part_name: "MORTGAGE INSURANCE AND INSURED IMPROVEMENT LOANS FOR URBAN RENEWAL AND CONCENTRATED DEVELOPMENT AREAS"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 1713, 1715b, 1715k, and 1735d; 42 U.S.C. 3535(d)."
regulatory_source: "36 FR 24573, Dec. 22, 1971, unless otherwise noted."
cfr_part: "220"
---


# 220.811 Date of default.

For the purposes of §§ 220.800 *et seq.,* the date of default shall be considered as:

(a) The date of the first uncorrected failure to perform a covenant or obligation under the note or security instrument; or

(b) The date of the first failure to make a monthly payment which subsequent payments by the borrower are insufficient to cover when applied to the overdue monthly payments in the order in which they became due.