Loans shall be subject to a loan servicing agreement to be prepared by the Administration. The agreement shall establish the procedures for the servicing of loans and may permit the deduction of a servicing fee by the servicer from the proceeds of loan repayments.
Md. Code Regs. 05.04.10.14
Regulations .14 adopted effective December 5, 1983 (10:24 Md. R. 2184)