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USDA/RHS RIN: 0575-AB99 Publication ID: Spring 1998 
Title: Reengineering and Reinvention of the Direct Section 502 and 504 Single Family Housing Program 
Abstract: Rural Housing Service (RHS) has purchased a state-of-the-art dedicated loan origination servicing system (DLOSS) which includes escrow capability. To conform to this new system, RHS proposes to make further amendments to the regulations to allow the agency to provide escrow services to Single Family Housing borrowers which follow industry standards. In addition, the agency proposes to amend its regulations to conform to processes and techniques currently utilized by the private sector. 
Agency: Department of Agriculture(USDA)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: Yes  Unfunded Mandates: No 
CFR Citation: 7 CFR 1806    7 CFR 1900    7 CFR 1944    7 CFR 1951    7 CFR 1955    7 CFR 1956    7 CFR 1965    7 CFR 3550   
Legal Authority: 5 USC 301    7 USC 1989    42 USC 1480    31 USC 3700   
Timetable:
Action Date FR Cite
NPRM  04/08/1996  61 FR 15395   
NPRM Comment Period End  06/07/1996    
Interim Final Rule  11/22/1996  61 FR 59762   
Final Action  11/00/1998    
Final Action Effective  12/00/1998    
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Included in the Regulatory Plan: No 
Agency Contact:
Carolyn Bell
Single-Family Housing Direct Loan Division
Department of Agriculture
Rural Housing Service
Stop 0783, STOP 0783, 1400 Independence Avenue SW,
Washington, DC 20250-0783
Phone:202 720-1532
Fax:202 720-2232
Email: carolyn.bell@wdc.usda.gov