Code of Federal Regulations Title 7. Agriculture § 7.3565.502 Incontestability
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In the case of loans that back Ginnie Mae securities or loans that are acquired by Ginnie Mae as a consequence of its guaranty, the Agency guarantee under this part is incontestable except that the guarantee may not be enforced by a lender who commits fraud or misrepresentation or by a lender who had knowledge of the fraud or misrepresentation at the time such a lender acquired the guarantee or was assigned the loan.
Cite this article: FindLaw.com - Code of Federal Regulations Title 7. Agriculture § 7.3565.502 Incontestability - last updated October 02, 2022 | https://codes.findlaw.com/cfr/title-7-agriculture/cfr-sect-7-3565-502.html
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