USDA SFH Guaranteed Loan Program Technical Handbook HB-1-3555 ¶2.1 — Introduction

usda-hb-3555-2-1

USDA SFH Guaranteed Loan Program Technical Handbook HB-1-3555 ¶2.1 — Introduction.

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  authority: USDA SFH Guaranteed Loan Program Technical Handbook HB-1-3555 ¶2.1 — Introduction
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      paragraph_quote: 2.1 INTRODUCTION Both the lender and the Agency have record retention responsibilities. Upon request, the lender must be able to provide the Agency with all mortgage loan files including all loan origination documents. When the lender uses imaging for storage of records, it must retain the capability to reproduce legible and exact duplicates of all original documents. The Agency must retain all files relating to its approval of a lender for participation in the Single Family Housing Guaranteed Loan Program (SFHGLP).

Verbatim regulatory text (1)

Verbatim provisions from USDA SFH Guaranteed Loan Program Technical Handbook HB-1-3555 ¶2.1 — Introduction — 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 SFH Guaranteed Loan Program Technical Handbook HB-1-3555 ¶2.1 — Introduction

2.1 INTRODUCTION Both the lender and the Agency have record retention responsibilities. Upon request, the lender must be able to provide the Agency with all mortgage loan files including all loan origination documents. When the lender uses imaging for storage of records, it must retain the capability to reproduce legible and exact duplicates of all original documents. The Agency must retain all files relating to its approval of a lender for participation in the Single Family Housing Guaranteed Loan Program (SFHGLP).

Source: USDA SFH Guaranteed Loan Program Technical Handbook HB-1-3555 ¶2.1 — Introduction · source URL · snapshot 0466acd1ea2d17a4