USDA Rural Development Procedure Notice 659 (July 28, 2026)

usda-pn-659

Verbatim text of USDA Rural Development Procedure Notice 659, dated July 28, 2026. It replaced Form RD 3555-11 (Lender Record Change) and Form RD 3555-16 (Agreement for Participation in Single Family Housing Guaranteed/Insured Loan Programs), both dated 07-26, with Form Manual Inserts revised 07-28-26.

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Verbatim regulatory text (2)

Verbatim provisions from USDA Rural Development Procedure Notice 659 (July 28, 2026) — 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 Procedure Notice 659 (July 28, 2026) — Form RD 3555-11 (Lender Record Change)

Effective 2026-07-28 · publisher's stamp for this provision

FORM RD 2006-46 (Rev. 01-98) U.S. DEPARTMENT OF AGRICULTURE MANUAL ISSUE No. RURAL DEVELOPMENT WSAL PN 659 Washington, D.C 20250 DATE July 28, 2026 PROCEDURE NOTICE FORM REPLACEMENT RD 3555-11 LENDER RECORD CHANGE dated 07-26. (WSAL) Prescribed in RD Handbooks HB-1-3555 and HB-1-3565. This Form was originally developed prior to the implementation of the Electronic Status Reporting System (ESR) when it served as the sole method for lenders to report servicer transfers. Updates included: Removed Block B: Eliminated "New servicing lender information" to align with current electronic reporting capabilities. Modernized Workflows: Clarified and updated the process for reporting a servicer change. The revised Form and Form Manual Insert (FMI) are located on the USDA eForms website - eForms Home (usda.gov). REMOVE INSERT FMI dated 04-19-05. FMI revised 07-28-26.

Source: USDA Rural Development Procedure Notice 659 — Form RD 3555-11 (Lender Record Change) · source URL · snapshot aab9076e2a2c18ea

USDA Procedure Notice 659 (July 28, 2026) — Form RD 3555-16 (Agreement for Participation)

Effective 2026-07-28 · publisher's stamp for this provision

RD 3555-16 AGREEMENT FOR PARTICIPATION IN SINGLE (WSAL) FAMILY HOUSING GUARANTEED/INSURED LOAN PROGRAMS OF THE UNITED STATES GOVERNMENT dated 07-26. Prescribed in RD Handbooks HB-1-3555. The Form and FMI are revised as follows: Section B. General Requirements for the Lender  Paragraph 8 - Deleted the word ‘annual’ in the last sentence.  Paragraph 9 - Deleted the word ‘electronically’ from the first sentence of the second bullet. Section C. Underwriting Requirements  Removed the final three bullet points from paragraph 4. Section D. Servicing Requirements  Paragraph 1 - Reinsert and update missing text “The Lender , or its authorized agent, must take prudent steps to collect and apply loan payments, protect and preserve “the loan collateral in accordance with the Agency regulations when insured or guaranteed properties are vacant or abandoned; and liquidate.” July 28, 2026 FORM REPLACEMENT RD 3555-16 (Con) (WSAL)  Paragraph 2 - Last sentence re-worded to read “Payment from the borrower shall be processed upon receipt under Agency regulations or guidelines and include sufficient escrow premiums for hazard insurance and real estate taxes.”  Paragraph 8 - Removed “within 24 months of loan closing” and inserted “within five years of loan closing.” Section G. Disclosure and Certifications Regarding Debarment, Suspension, and Other Responsibility Matters.  Paragraph 3 - Update the word “enters” to “enter.” The Form and FMI can be located on the eForms website eForms Home (usda.gov). REMOVE INSERT FMI dated 01-27-22. FMI revised 07-28-26.

Source: USDA Rural Development Procedure Notice 659 — Form RD 3555-16 (Agreement for Participation) · source URL · snapshot aab9076e2a2c18ea

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Source of record: https://claudeforcompliance.com/regs/usda-pn-659/ · register usda-pn-659 · verbatim, source-snapshotted regulator text from the Claude for Compliance corpus. To work from every register at once, download the corpus and follow the methodology.