24 C.F.R. § 1005.509

Current through October 31, 2024
Section 1005.509 - Application of payments

All monthly payments to be made by the Borrower to the Servicer shall be added together, and the aggregate amount shall be paid by the Borrower each month in a single payment by the Borrower, in accordance with the loan documents. The Servicer shall apply the Borrower's funds in accordance with § 1005.715 .

24 C.F.R. §1005.509

89 FR 20056 , 6/18/2024