Part 617 - Borrower Rights  


§ 617.1 - Purpose and scope.
§ 617.2 - Referrals.
§ 617.3 - Notification of board of directors and bonding company.
§ 617.4 - Institution responsibilities.
Subpart A - General
§ 617.7000 - Definitions.
§ 617.7005 - When may electronic communications be used in the borrower rights process?
§ 617.7010 - May borrower rights be waived?
§ 617.7015 - What happens to borrower rights when a loan is sold?
Subpart B - Disclosure of Effective Interest Rates
§ 617.7100 - Who must make and who is entitled to receive an effective interest rate disclosure?
§ 617.7105 - When must a qualified lender disclose the effective interest rate to a borrower?
§ 617.7110 - How should a qualified lender disclose the cost of borrower stock or participation certificates?
§ 617.7115 - How should a qualified lender disclose loan origination charges?
§ 617.7120 - How should a qualified lender present the disclosures to a borrower?
§ 617.7125 - How should a qualified lender determine the effective interest rate?
§ 617.7130 - What initial disclosures must a qualified lender make to a borrower?
§ 617.7135 - What subsequent disclosures must a qualified lender make to a borrower?
Subpart C - Disclosure of Differential Interest Rates
§ 617.7200 - What disclosures must a qualified lender make to a borrower on loans offered with more than one rate of interest?
Subpart D - Actions on Applications; Review of Credit Decisions
§ 617.7300 - When acting on a loan application, what are the notice requirements and review rights?
§ 617.7305 - What is a CRC and who are the members?
§ 617.7310 - What is the review process of the CRC?
§ 617.7315 - What records must the qualified lender maintain on behalf of the CRC?
Subpart E - Distressed Loan Restructuring; State Agricultural Loan Mediation Programs
§ 617.7400 - What protections exist for borrowers who meet all loan obligations?
§ 617.7405 - On what policies are loan restructurings based?
§ 617.7410 - When and how does a qualified lender notify a borrower of the right to seek loan restructuring?
§ 617.7415 - How does a qualified lender decide to restructure a loan?
§ 617.7420 - How will a decision on an application for restructuring be issued?
§ 617.7425 - What type of notice should be given to a borrower before foreclosure?
§ 617.7430 - Are institutions required to participate in state agricultural loan mediation programs?
Subpart F - Distressed Loan Restructuring Directive
§ 617.7500 - What is a directive used for and what may it require?
§ 617.7505 - How will the qualified lender know when FCA is considering issuing a distressed loan restructuring directive?
§ 617.7510 - What should the qualified lender do when it receives notice of a distressed loan restructuring directive?
§ 617.7515 - How does the FCA decide whether to issue a directive?
§ 617.7520 - How does the FCA issue a directive and when will it be effective?
§ 617.7525 - May FCA use other enforcement actions?
Subpart G - Right of First Refusal
§ 617.7600 - What are the definitions used in this subpart?
§ 617.7605 - How should System institutions document whether the borrower had the financial resources to avoid foreclosure?
§ 617.7610 - What should the System institution do when it decides to sell acquired agricultural real estate?
§ 617.7615 - What should the System institution do when it decides to lease acquired agricultural real estate?
§ 617.7620 - What should the System institution do when it decides to sell acquired agricultural real estate at a public auction?
§ 617.7625 - Whom should the System institution notify?
§ 617.7630 - Does this Federal requirement affect any state property laws?