WASHINGTON, March 19 -- Rural Housing Service has issued a rule called: Single Family Housing Guaranteed Loan Program.
The rule was published in the Federal Register on March 19 by George Kelly, Administrator, Rural Housing Service.
Summary: The Rural Housing Service (RHS or Agency), a Rural Development (RD) Agency within the United States Department of Agriculture (USDA), is amending its regulations to grant Delegated Lenders participating in the Single-Family Housing Guaranteed Loan Program (SFHGLP) the authority to make loans and obtain Loan Note Guarantees after closing using automated loan underwriting and closing systems.
For more information, contact Sara Thieleke, Deputy Director, Single Family Housing Guaranteed Loan Division, R...