RURAL HOUSING SERVICE ISSUES FINAL RULE ON SINGLE FAMILY GUARANTEED LOAN PROGRAM

摘要

On February 8, 2016, the Rural Housing Service (RHS) published in the Federal Register (81 Fed. Reg. 6418) a final rule relating to the Single Family Housing Guaranteed Loan Program (SFHGLP). This final rule follows publication of the December 9, 2013, interim final rule and makes changes in response to public comment and further consideration of certain issues by RHS to the SFHGLP. The changes made by this final rule are designed to further improve and clarify RHS instructions while strengthening and enhancing the SFHGLP process by reducing regulations, improving customer service to achieve greater efficiency, flexibility and effectiveness. This rule will allow RHS to manage the program more effectively and reduce SFHGLP risk of loss.