USDA HB-1-3555, Chapter 17 (Regular Servicing -), § 17.6
USDA Handbook HB-1-3555 section 17.6. Full verbatim section text, substring-verified against snapshot 481dcf71d80912ba.
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Verbatim provisions from USDA HB-1-3555, Chapter 17 (Regular Servicing -), § 17.6 — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
USDA HB-1-3555, Chapter 17 (Regular Servicing -), § 17.6
OVERVIEW [7 CFR 3555.255] A borrower must obtain approval from the servicer before taking actions that may affect the security value of a property. In certain circumstances, the servicer does not need to obtain Agency approval before consenting to a transaction involving a partial release of the security; however, servicers must obtain approval from the Agency before consenting to a transfer with an assumption of the outstanding debt. Specific guidelines for each type of action are provided below.
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Source of record: https://claudeforcompliance.com/regs/usda-hb-3555-17-6/
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