View Rule
View EO 12866 Meetings | Printer-Friendly Version Download RIN Data in XML |
USDA/RHS | RIN: 0575-AD00 | Publication ID: Fall 2015 |
Title: Revision of Indemnification, Refinance and Adding a Section Defining "Qualified Mortgage" | |
Abstract:
The Agency seeks to expand its lender indemnification authority for loss claims in the case of fraud, misrepresentation, or noncompliance with applicable loan origination requirements; amend refinance provisions to include a streamlined refinance option that was tested in a successful pilot; and add a section clarifying that any loan guaranteed by the Agency is a "qualified mortgage" under the Dodd-Frank Wall Street Reform and Consumer Protection Act of (Pub. L. 111-203). |
|
Agency: Department of Agriculture(USDA) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 7 CFR 3555 | |
Legal Authority: 5 U.S.C. 301 42 U.S.C. 1480 subpart E of 7 U.S.C. 1932(a) Pub. L. 111-203 |
Legal Deadline:
None |
||||||||||||
Timetable:
|
Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Small Entities Affected: No | Federalism: No |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Agency Contact: Joaquin Tremols Director, SFH Department of Agriculture Rural Housing Service 1400 Independence Avenue SW, Washington, DC 20250 Phone:202 720-1465 Email: joaquin.tremols@wdc.usda.gov |