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7 CFR 3565.404

§ 3565.404 Transfer of loans or mortgage servicing.

United States · 7 CFR — Agriculture · Status: effective

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7 CFR 3565.404, § 3565.404 Transfer of loans or mortgage servicing, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/30738
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Full text

Transfer of servicing is prohibited unless the Agency determines that circumstances warrant such action, the proposed lender is an eligible lender approved by the Agency, and the transfer of servicing is approved by the Agency in advance.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.