13 C.F.R. § 120.1714

Current through October 31, 2024
Section 120.1714 - Seller's Pool Loan servicing

Subject to § 120.1718 of this subpart J, the Seller must service Seller's Pool Loan in a commercially reasonable manner, consistent with prudent lending standards, and in accordance with applicable Program Rules and Regulations. The Seller receives the Servicing Retention Amount for servicing the Seller's Pool Loan.

13 C.F.R. §120.1714