Current as of October 03, 2022 | Updated by FindLaw Staff
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This subpart contains special servicing, enforcement, liquidation, and other actions that the borrower may request or the Agency may implement when compliance violations, monetary defaults, or non-monetary defaults cannot be resolved through regular servicing.
(a) Agency obligations. The Agency is under no obligation to offer or agree to any special servicing actions.
(b) Relationship to workout agreements. Special servicing actions may be implemented either as a part of a workout agreement, developed in accordance with § 3560.453, or as an action approved by the Agency separate from a workout agreement unless indicated otherwise in this subpart.
Cite this article: FindLaw.com - Code of Federal Regulations Title 7. Agriculture § 7.3560.451 General - last updated October 03, 2022 | https://codes.findlaw.com/cfr/title-7-agriculture/cfr-sect-7-3560-451/
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