C.F.R. » Title 24 » 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 203—SINGLE FAMILY MORTGAGE INSURANCE › Subpart C—Servicing Responsibilities

24 C.F.R. § 203.608

Reinstatement

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The mortgagee shall permit reinstatement of a mortgage, even after the institution of foreclosure proceedings, if the mortgagor tenders in a lump sum all amounts required to bring the account current, including foreclosure costs and reasonable attorney's fees and expenses properly associated with the foreclosure action, unless: (a) The mortgagee has accepted reinstatement after the institution of foreclosure proceedings within two years immediately preceding the commencement of the current foreclosure action, (b) reinstatement will preclude foreclosure following a subsequent default, or (c) reinstatement will adversely affect the priority of the mortgage lien.

Notes of Decisions
Cited in 4 cases (1 in the last 5 years), 1985–2023 · leading case: James B. Nutter & Co. v. Namahoe, Sr., 528 P.3d 222 (Haw. 2023).
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James B. Nutter & Co. v. Namahoe, Sr., 528 P.3d 222 (Haw. 2023). “606 (2009), and facilitate reinstatement of the mortgage, 24 C.F.R. § 203.608 (2009). Failure to comply with these regulations may result in civil penalties or the withdrawal of a mortgagee’s HUD approval.”
In Re Tudor, 342 B.R. 540 (Bankr. S.D. Ohio 2005). “2 (quoting 24 C.F.R. § 203.608 ). The BAP contrasted the regulation’s lump-sum payment requirement for reinstatement with the debtor’s obligations under his Chapter 13 plan, pointing out that the plan “does not propose to pay anything in a lump sum and only proposes .”
Mfrs. Hanover Mortg. Corp. v. Snell, 370 N.W.2d 401 (Mich. Ct. App. 1985). “24 CFR 203.608. The other mortgage servicing provisions of the regulations, i.”
In re Ruiz, 501 B.R. 76 (Bankr. E.D. Pa. 2013). “§ 1322 (b)(5) (providing for the “curing of any default” on a home mortgage); and see 24 C.F.R. § 203.608 (requiring the mortgagee to “permit reinstatement of a mortgage, even after the institution of foreclosure proceedings, if the mortgagor tenders in a lump sum all amounts…”
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