 |
Code of Federal Regulations (Last Updated: April 5, 2024) |
 |
Title 7 - Agriculture |
|
|
Subtitle B - Regulations of the Department of Agriculture |
|
|
Chapter XVIII - Rural Housing Service, Rural Business-Cooperative Service, Rural Utilities Service, and Farm Service Agency, Department of Agriculture |
|
|
SubChapter H - Program Regulations |
|
|
Part 1951 - Servicing and Collections |
| Subpart A - Account Servicing Policies |
| § 1951.1 - Purpose. |
| § 1951.2 - Policy. |
| § 1951.3 - Authorities and responsibilities. |
| § 1951.6 - Handling payments. |
| § 1951.7 - Accounts of borrowers. |
| § 1951.8 - Types of payments. |
| § 1951.9 - Distribution of payments when a borrower owes more than one type of Agency loan. |
| § 1951.10 - Application of payments on production type loan accounts. |
| § 1951.11 - Application of payments on real estate accounts. |
| § 1951.12 - Changes in the application of loan payments. |
| § 1951.13 - Overpayments and refunds. |
| § 1951.14 - Recoverable and nonrecoverable cost charges. |
| § 1951.15 - Return of paid-in-full or satisfied notes to borrower. |
| § 1951.16 - Other servicing actions on real estate type loan accounts. |
| § 1951.25 - Review of limited resource FO, OL, and SW loans. |
| § 1951.50 - OMB control number. |
| Exhibit A to Subpart A of Part 1951 - Notice to Agency Borrowers |
| Exhibit B to Subpart A of Part 1951 - Notice of Change in Interest Rate |
| §§ 1951.4--1951.5 - [Reserved] |
| §§ 1951.4--1951.6 - [Reserved] |
| §§ 1951.26--1951.49 - [Reserved] |
| §§ 1951.17--1951.24 - [Reserved] |
| Subpart B - XXX |
| § 1951.51 - General. |
| § 1951.54 - Authority. |
| § 1951.55 - Receiving and processing collections. |
| §§ 1951.52--1951.53 - [Reserved] |
| Subparts B--C - XXX |
| Subpart C - Offsets of Federal Payments to USDA Agency Borrowers |
| § 1951.101 - General. |
| § 1951.102 - Administrative offset. |
| § 1951.106 - Offset of payments to entities related to debtors. |
| § 1951.111 - Salary offset. |
| § 1951.121 - Internal Revenue Service (IRS) offset. |
| § 1951.122 - Finance Office screening. |
| § 1951.123 - Field office screening. |
| § 1951.124 - Notice to borrowers. |
| § 1951.125 - Processing borrowers’ requests not to exercise IRS offset. |
| § 1951.126 - Final referral to IRS. |
| § 1951.127 - Processing of amounts offset. |
| § 1951.128 - Receipt of Finance Office/IRS offset reports and listings. |
| § 1951.129 - Borrowers eligible for offset (prior to 60-day notice). |
| § 1951.130 - Borrowers sent due process notices for IRS/Credit Bureau referrals. |
| § 1951.131 - Form FmHA or its successor agency under Public Law 103-354 389-833, Borrower Accounts Submitted to IRS for Offset Report, RC 865. |
| § 1951.132 - Form FmHA or its successor agency under Public Law 103-354 389-760, Annual Unprocessable Report IRS Offset, RC 822-C. |
| § 1951.133 - Establishment of Federal Debt. |
| § 1951.134 - Form FmHA or its successor agency under Public Law 103-354 389-764, Weekly Offset Report (Cash Collections) IRS Offset, RC 222-C. |
| § 1951.135 - Form FmHA or its successor agency under Public Law 103-354 389-763, Weekly Claims Report IRS Offset, RC 222-D. |
| § 1951.136 - Procedures for Department of Treasury offset and cross-servicing for the Rural Housing Service (Community Facility Program only) and the Rural Business-Cooperative Service. |
| § 1951.137 - Procedures for Treasury offset and cross-servicing for the Farm Service Agency (FSA) farm loan programs. |
| § 1951.150 - OMB control number. |
| §§ 1951.112--1951.120 - [Reserved] |
| §§ 1951.112--1951.132 - [Reserved] |
| §§ 1951.112--1951.135 - [Reserved] |
| §§ 1951.112--1951.149 - [Reserved] |
| §§ 1951.103--1951.105 - [Reserved] |
| §§ 1951.103--1951.110 - [Reserved] |
| §§ 1951.134--1951.135 - [Reserved] |
| §§ 1951.136--1951.149 - [Reserved] |
| §§ 1951.107--1951.110 - [Reserved] |
| §§ 1951.138--1951.149 - [Reserved] |
| Subpart D - Final Payment on Loans |
| § 1951.151 - Purpose. |
| § 1951.152 - Definition. |
| § 1951.153 - Chattel security or note-only cases. |
| § 1951.154 - Satisfaction and release of documents. |
| § 1951.155 - County and/or District Office actions. |
| §§ 1951.156--1951.200 - [Reserved] |
| Subpart E - Servicing of Community and Direct Business Programs Loans and Grants |
| § 1951.201 - Purposes. |
| § 1951.202 - Objectives. |
| § 1951.203 - Definitions. |
| § 1951.204 - Nondiscrimination. |
| § 1951.205 - Redelegation of authority. |
| § 1951.206 - Forms. |
| § 1951.207 - State supplements. |
| § 1951.210 - Environmental requirements. |
| § 1951.211 - Refinancing requirements. |
| § 1951.212 - Unauthorized financial assistance. |
| § 1951.213 - Debt settlement. |
| § 1951.214 - Care, management, and disposal of acquired property. |
| § 1951.215 - Grants. |
| § 1951.216 - Nonprogram (NP) loans. |
| § 1951.217 - Public bodies. |
| § 1951.218 - Use of Rural Development loans and grants for other purposes. |
| § 1951.219 - [Reserved] |
| § 1951.220 - General servicing actions. |
| § 1951.221 - Collections, payments and refunds. |
| § 1951.222 - Subordination of security. |
| § 1951.223 - Reamortization. |
| § 1951.224 - Third party agreements. |
| § 1951.225 - Liquidation of security. |
| § 1951.226 - Sale or exchange of security property. |
| § 1951.227 - Protective advances. |
| § 1951.230 - Transfer of security and assumption of loans. |
| § 1951.231 - Special provisions applicable to Economic Opportunity (EO) Cooperative Loans. |
| § 1951.232 - Water and waste disposal systems which have become part of an urban area. |
| § 1951.240 - State Director's additional authorizations and guidance. |
| § 1951.241 - Special provision for interest rate change. |
| § 1951.242 - Servicing delinquent Community Facility loans. |
| § 1951.250 - OMB control number. |
| Exhibits to Subpart E of Part 1951 - Note |
| Exhibits to Subpart E of Part 1951 - Note |
| §§ 1951.242--1951.249 - [Reserved] |
| §§ 1951.233--1951.239 - [Reserved] |
| §§ 1951.243--1951.249 - [Reserved] |
| §§ 1951.208--1951.209 - [Reserved] |
| §§ 1951.218--1951.219 - [Reserved] |
| §§ 1951.228--1951.229 - [Reserved] |
| Subpart F - Analyzing Credit Needs and Graduation of Borrowers |
| § 1951.251 - Purpose. |
| § 1951.252 - Definitions. |
| § 1951.253 - Objectives. |
| § 1951.254 - [Reserved] |
| § 1951.255 - Nondiscrimination. |
| § 1951.262 - Farm Credit Programs - graduation of borrowers. |
| § 1951.263 - Graduation of non-Farm Credit programs borrowers. |
| § 1951.264 - Action when borrower fails to cooperate, respond or graduate. |
| § 1951.265 - Application for subsequent loan, subordination, or consent to additional indebtedness from a borrower who has been requested to graduate. |
| § 1951.266 - Special requirements for MFH borrowers. |
| § 1951.300 - OMB control number. |
| Exhibit A to Subpart F of Part 1951 |
| Exhibit A to Subpart F of Part 1951 - [Reserved] |
| Exhibit B to Subpart F of Part 1951 - Suggested Outline for Seeking Information From Lenders on Credit Criteria for Graduation of Single Family Housing Loans |
| §§ 1951.256--1951.261 - [Reserved] |
| §§ 1951.267--1951.299 - [Reserved] |
| Subparts G--N - XXX |
| Subpart J - Management and Collection of Nonprogram (NP) Loans |
| § 1951.451 - General. |
| § 1951.452 - Policy. |
| § 1951.453 - [Reserved] |
| § 1951.454 - Review of adverse decisions. |
| § 1951.455 - NP loan making for Single Family Housing (SFH) and farm property (real and chattel). |
| § 1951.456 - [Reserved] |
| § 1951.457 - Payments. |
| § 1951.458 - Servicing real estate taxes. |
| § 1951.459 - Preservation of security. |
| § 1951.460 - Release of security property or sale or lease of related property rights. |
| § 1951.461 - Release of valueless FmHA or its successor agency under Public Law 103-354 lien without monetary consideration. |
| § 1951.462 - Deceased borrower. |
| § 1951.463 - Transfer of security and assumption of indebtedness. |
| § 1951.468 - Liquidation. |
| § 1951.469 - Actions after liquidation of property. |
| §§ 1951.470--1951.478 - [Reserved] |
| § 1951.479 - Pilot projects. |
| § 1951.480 - [Reserved] |
| § 1951.481 - FmHA or its successor agency under Public Law 103-354 Instructions. |
| §§ 1951.482--1951.500 - [Reserved] |
| §§ 1951.464--1951.467 - [Reserved] |
| Subpart K - Predetermined Amortization Schedule System (PASS) Account Servicing |
| § 1951.501 - General. |
| § 1951.502 - [Reserved] |
| § 1951.503 - Authorities and responsibilities. |
| § 1951.504 - Definitions and statements of policy. |
| § 1951.505 - [Reserved] |
| § 1951.506 - Processing payments. |
| § 1951.507 - Maintaining borrower accounts. |
| § 1951.510 - Payment application. |
| § 1951.511 - [Reserved] |
| § 1951.512 - Changes in the application of loan payments. |
| § 1951.513 - Overpayments and refunds to borrowers. |
| § 1951.514 - Recoverable and non-recoverable cost charges. |
| § 1951.515 - Promissory notes for borrowers who convert to PASS. |
| § 1951.516 - [Reserved] |
| § 1951.517 - Conversion from DIAS to PASS. |
| § 1951.518 - Determining current loan balances for transfer. |
| § 1951.548 - Exception authority. |
| § 1951.549 - [Reserved] |
| § 1951.550 - OMB control number. |
| §§ 1951.508--1951.509 - [Reserved] |
| §§ 1951.519--1951.547 - [Reserved] |
| Subpart L - Servicing Cases Where Unauthorized Loan or Other Financial Assistence was Received—Farmer Programs |
| § 1951.551 - Purpose. |
| § 1951.552 - Definitions. |
| § 1951.553 - Policy. |
| § 1951.556 - Initial determination that unauthorized assistance was received. |
| § 1951.557 - Notification to borrower. |
| § 1951.558 - Decision on servicing actions. |
| § 1951.561 - Servicing options in lieu of liquidation or legal action. |
| § 1951.568 - Account adjustments and reporting requirements. |
| § 1951.569 - Exception authority. |
| §§ 1951.570--1951.599 - [Reserved] |
| § 1951.600 - OMB control number. |
| §§ 1951.562--1951.567 - [Reserved] |
| §§ 1951.554--1951.555 - [Reserved] |
| §§ 1951.559--1951.560 - [Reserved] |
| Subpart N - Servicing Cases Where Unauthorized Loan or Other Financial Assistance Was Received—Multiple Family Housing |
| § 1951.651 - Purpose. |
| § 1951.652 - Definitions. |
| § 1951.653 - Policy. |
| § 1951.654 - Categories of unauthorized assistance. |
| § 1951.655 - [Reserved] |
| § 1951.656 - Initial determination that unauthorized assistance was received. |
| § 1951.657 - Notification to recipient. |
| § 1951.658 - Decision on servicing actions. |
| § 1951.661 - Servicing options in lieu of liquidation or legal action to collect. |
| § 1951.668 - Servicing unauthorized assistance accounts. |
| § 1951.669 - Exception authority. |
| §§ 1951.670--1951.699 - [Reserved] |
| § 1951.700 - OMB control number. |
| §§ 1951.662--1951.667 - [Reserved] |
| §§ 1951.659--1951.660 - [Reserved] |
| Subpart O - Servicing Cases Where Unauthorized Loan(s) or Other Financial Assistance Was Received - Community and Insured Business Programs |
| § 1951.701 - Purpose. |
| § 1951.702 - Definitions. |
| § 1951.703 - Policy. |
| § 1951.706 - Initial determination that unauthorized assistance was received. |
| § 1951.707 - Determination of the amount of unauthorized assistance. |
| § 1951.708 - Notification to recipient. |
| § 1951.709 - Decision on servicing actions. |
| § 1951.710 - [Reserved] |
| § 1951.711 - Servicing options in lieu of liquidation or legal action to collect. |
| § 1951.715 - Account adjustments and reporting requirement. |
| § 1951.716 - Exception authority. |
| § 1951.717 - Exception authority. |
| § 1951.750 - OMB control number. |
| §§ 1951.712--1951.714 - [Reserved] |
| §§ 1951.712--1951.716 - [Reserved] |
| §§ 1951.704--1951.705 - [Reserved] |
| §§ 1951.717--1951.749 - [Reserved] |
| §§ 1951.718--1951.750 - [Reserved] |
| §§ 1951.709--1951.710 - [Reserved] |
| Subparts P--Q - XXX |
| Subpart R - Rural Development Loan Servicing |
| § 1951.851 - Introduction. |
| § 1951.852 - Definitions and abbreviations. |
| § 1951.853 - Loan purposes for undisbursed RDLF loan funds from HHS. |
| § 1951.854 - Ineligible assistance purposes. |
| § 1951.859 - Term of loans. |
| § 1951.860 - Interest on loans. |
| §§ 1951.860--1951.865 - [Reserved] |
| § 1951.866 - Security. |
| § 1951.867 - Conflict of interest. |
| § 1951.871 - Post award requirements. |
| § 1851.872 - XXX |
| § 1951.872 - Other regulatory requirements. |
| § 1951.877 - Loan agreements. |
| § 1951.881 - Loan servicing. |
| § 1951.882 - [Reserved] |
| § 1951.883 - Reporting requirements. |
| § 1951.884 - Revolved funds. |
| § 1951.885 - Loan classifications. |
| § 1951.889 - Transfer and assumption. |
| § 1951.890 - Office of Inspector General and Office of General Counsel referrals. |
| § 1951.891 - Liquidation; default. |
| § 1951.894 - Debt settlement. |
| § 1951.895 - [Reserved] |
| § 1951.896 - Appeals. |
| § 1951.897 - Exception authority. |
| § 1951.900 - OMB control number. |
| §§ 1951.861--1951.865 - [Reserved] |
| §§ 1951.892--1951.893 - [Reserved] |
| §§ 1951.853--1951.858 - [Reserved] |
| §§ 1951.873--1951.876 - [Reserved] |
| §§ 1951.873--1951.880 - [Reserved] |
| §§ 1951.855--1951.858 - [Reserved] |
| §§ 1951.886--1951.888 - [Reserved] |
| §§ 1951.867--1951.871 - [Reserved] |
| §§ 1951.867--1951.880 - [Reserved] |
| §§ 1951.868--1951.870 - [Reserved] |
| §§ 1951.878--1951.880 - [Reserved] |
| §§ 1951.898--1951.899 - [Reserved] |
| Subpart S - Farm Loan Programs Account Servicing Policies |
| § 1951.901 - Purpose. |
| § 1951.902 - General. |
| § 1951.903 - Authorities and responsibilities. |
| § 1951.904 - Mediation, reviews and appeals. |
| § 1951.905 - [Reserved] |
| § 1951.906 - Definitions. |
| § 1951.907 - Notice of Loan Service Programs. |
| § 1951.908 - Servicing financially distressed current borrowers. |
| § 1951.909 - Processing primary loan service programs requests. |
| § 1951.910 - Consideration of borrower's other assets for new applications. |
| § 1951.911 - Homestead protection. |
| § 1951.912 - Mediation. |
| § 1951.913 - Servicing Net Recovery Buyout Recapture Agreements. |
| § 1951.914 - Servicing shared appreciation agreements. |
| § 1951.915 - [Reserved] |
| § 1951.916 - Exception authority. |
| § 1951.950 - OMB control number. |
| Exhibit A to Subpart S of Part 1951 - Notice of the Availability of Loan Servicing and Debt Settlement Programs for Delinquent Farm Borrowers |
| Exhibit G to Subpart S of Part 1951 - Deferral, Reamortization and Reclassification of Distressed Farmer Program (FP) Loans for Softwood Timber Production (ST) Loans |
| Exhibit H to Subpart S of Part 1951 - Conservation Contract Program |
| §§ 1951.917--1951.949 - [Reserved] |
| Subpart T - Disaster Set-Aside Program |
| § 1951.951 - Purpose. |
| § 1951.952 - General. |
| § 1951.953 - Notification and request for DSA. |
| § 1951.954 - Eligibility and loan limitation requirements. |
| § 1951.957 - Eligibility determination and processing. |
| § 1951.958 - Cancellation and reversal of DSA. |
| § 1951.959 - Exception authority. |
| §§ 1951.960--1951.999 - [Reserved] |
| §§ 1951.960--1951.1000 - [Reserved] |
| § 1951.1000 - OMB control number. |
| §§ 1951.955--1951.956 - [Reserved] |