[Code of Federal Regulations]
[Title 7, Volume 14]
[Revised as of January 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 7CFR1965.1]

[Page 320]
 
                          TITLE 7--AGRICULTURE
 
   CHAPTER XVIII--RURAL HOUSING SERVICE, RURAL BUSINESS--COOPERATIVE 
SERVICE, RURAL UTILITIES SERVICE, AND FARM SERVICE AGENCY, DEPARTMENT OF 
                         AGRICULTURE (CONTINUED)
 
PART 1965--REAL PROPERTY--Table of Contents
 
  Subpart A--Servicing of Real Estate Security for Farm Loan Programs 
                    Loans and Certain Note-Only Cases
 
Sec.  1965.1  Purpose.

    Source: 51 FR 4140, Feb. 3, 1986, unless otherwise noted.


    This subpart delegates authority and prescribes policies and 
procedures for servicing real estate, leasehold interests, and certain 
note-only cases for Farmers Home Administration or its successor agency 
under Public Law 103-354 (FmHA or its successor agency under Public Law 
103-354) Farmer Program (FP) loans. Security servicing for borrowers who 
have both FmHA or its successor agency under Public Law 103-354 FP and 
Single Family Housing (SFH) loans, (excluding Technical Assistance 
Grants and Site loans), will be according to this subpart. Security 
servicing for borrowers who are indebted for SFH loans only, will be 
according to subpart C of part 1965 of this chapter. Security servicing 
for Nonprogram (NP) loan(s) on farm real estate and chattel property 
will be according to subpart J of part 1951 of this chapter. For 
borrowers who have both a FP and NP loan, security servicing will be in 
accordance with the applicable FP regulations and subpart J of part 1951 
of this chapter. This subpart does not apply to FmHA or its successor 
agency under Public Law 103-354 guaranteed loans, Rural Rental Housing 
(RRH) loans, Labor Housing (LH) loans, Business and Industrial (B&I) 
loans, Community Programs (CP) loans, Shift-in-Land-Use (Grazing 
Association) loans, Irrigation and Drainage (I&D) loans, or Indian 
Tribal Land Acquisition loans.

[58 FR 52654, Oct. 12, 1993]