7 CFR 3550.201 : Agriculture (§ 1.1 To Parts 4291-4299) — (Parts 2000-2002 To Parts 4291-4299) — Regulations Of The Department Of Agriculture (Continued) (Parts 2000-2002 To Parts 4291-4299) — Rural Housing Service, Department Of Agriculture (Parts 3500-3549 To Parts 3576-3599) — Direct Single Family Housing Loans And Grants (§ 3550.1 To § 3550.300) — Special Servicing (§ 3550.201 To § 3550.250) — Purpose of special servicing actions.

4 Aug 2016

The Rural Housing Service (RHS) may approve special servicing actions to reduce the number of borrower failures that result in liquidation. Borrowers who have difficulty keeping their accounts current may be eligible for one or more available servicing options including: payment assistance; delinquency workout agreements that temporarily modify payment terms; protective advances of funds for taxes, insurance, and other approved costs; payment moratoriums; and reamortization of the loan.

7 CFR 3550.201