24 CFR 241.580 - Application of payments.
(a) The security instrument shall provide that all monthly payments to be made by the borrower shall be added together and this aggregate amount shall be paid by the borrower upon each monthly payment date in a single payment. The lender shall apply the payment to the following items in the order set forth:
Title 24 published on 2014-04-01
no entries appear in the Federal Register after this date.