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17.2     REQUIRED SERVICING ACTIONS © RHS HB-1-3555 SFH Guaranteed Loan Program Technical Handbook


In addition to collecting regularly scheduled payments, lenders are also responsible for a wide variety of servicing activities including, but not limited to, the following actions.

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The Agency will not include interest on a loss claim filed in excess of six percent for the period the veteran was eligible, nor for any period of time the lender failed to establish the note rate after notification by the borrower of non-active military service. Additional Resource: https://www.rd.usda.gov/files/hb-1-3555.pdf#page=369