FORM RD 2006-46 (Rev. 01-98)
U.S. DEPARTMENT OF AGRICULTURE MANUAL ISSUE No.
RURAL DEVELOPMENT WSAL PN 476
Washington, D.C 20250 DATE
May 14, 2015
PROCEDURE NOTICE
RD MANUAL CHANGES
INSERT RD INS 440.1
(WSAL)
INTEREST RATES, AMORTIZATION, GUARANTEE FEE, ANNUAL CHARGE, AND FIXED PERIOD.
This Instruction is partially revised as follows:
Exhibit B, to update various program rates and the Treasury Judgement Rate
effective November 1, 2014; and
REMOVE INSERT
Exhibit B: Pages 1 & 2 (Rev 68),
Exhibit B:
Pages 1 & 2 (Rev 69).
INSERT RD INS 1951-C
(WSAL)
Offsets of Federal Payments to USDA
Agency Borrowers. Sections 1951.102 (a), (b) and (c), 1951.103,
1951.104, 1951.106, 1951.122 through 1951.135 are removed and being transferred
to 7-FLP.
REMOVE INSERT
Table of Contents; and Table of Contents revised; and
Pages 1 through 24. Pages 1 through 19 revised 05-14-15.
INSERT RD INS 1956-B
(WSAL)
Debt Settement - Farm Loan Programs and
Multi-Family Housing. This Instruction is partially revised to
remove sections 1956.57(f), 1956.84(a), (b), (c), (d), (e) and (f) and to add
the Sec. 7 FLP, part 11 to section 1956.84.
REMOVE INSERT
Table of Contents; Table of Contents revised;
Pages 1 through 20; and Pages 1 through 19 revised; and
Exhibit A: Pages 1 & 2. Exhibit A: Pages 1 & 2 (Rev 1).
INSERT
RD INS 2024-A
(WSAL)
ACQUISITION, SALES, LEASING AUTHORITY AND PROGRAM LOAN COSTS. This
Instruction is partially revised as follows:
- Activation of a new program authority code (PAC):
S5E8 Auctioneer Services; and
- Update of the link at the end of the narrative portion of the Instruction
sending the user to the current set of PAC Tables (now residing in the RD
SharePoint site).
REMOVE INSERT
Exhibit D,
Exhibit D,
Table D-1; Table D-1;
Table D-5; and Table D-5; and
Table D-6. Table D-6.
RD HANDBOOK CHANGES
INSERT RD HB-1-3550
(WSAL)
DIRECT SINGLE FAMILY HOUSING LOANS AND GRANTS FIELD OFFICE HANDBOOK.
This Handbook is partially revised. Specific revisions include:
Chapter 3:
Section 1, Paragraph 3.3.B., to update what CAIVRS stands for and to
replace MortgageServ's Borrower Cross Reference screen with the SSN CROSS
REFERENCE softlink key as the proper method used to perform the cross
reference. (NOTE: These changes will be reflected in pending revisions to
Chapter 4.)
Section 3, Paragraph 3.6, to give examples of “date stamped”.
Section 3, Paragraph 3.7, to add information about the Equal Credit Opportunity
Act and the requirement to provide applicants a notification of their right to
receive a copy of the appraisal report.
Attachment 3-D, to remove the Rural Development logo and to update the
definition of rural area.
Attachment 3-E, to specify that the Housing Program Director should review a
request to reopen a rejected application and either approve or deny the
request.
Attachment 3-G, to replace MortgageServ's Borrower Cross Reference screen with
the SSN CROSS REFERENCE softlink key; to remove "Participating Lender Ordered"
from the Credit section in advance of implementing an automated underwriting
system; to expand upon acceptable forms of identification; to add checking the
USDA Address Verification website to the Property Eligibility section; to rename
Attachment 3-I; and to instruct staff to provide copy of the appraisal along
with agency lending decision.
Attachment 3-I, to add the “Notification of Right To Receive a Copy of the
Appraisal” and rename the attachment.
Pages 15 - 24, to renumber pages.
Chapter 6:
Attachment 6-A, to replace MortgageServ's Borrower Cross Reference screen with
the SSN CROSS REFERENCE softlink key as a form of credit history documentation
(see above PN material for 3.3.B.)
Chapter 12:
Paragraph 12.4.B., to update what CAIVRS stands for.
Attachment 12-C, to replace MortgageServ's Borrower Cross Reference screen with
the SSN CROSS REFERENCE softlink key; to expand upon acceptable forms of
identification; and, to remove verifying the applicant’s mailing address from
the Post Closing section and add it to Property Eligibility section.
Glossary:
Page 2, to update what CAIVRS stands for.
Page 11, to update the definition of rural area
Acronyms:
Page 1, to update what CAIVRS stands for.
REMOVE INSERT
Chapter 3 dated 01-23-03: Chapter 3 dated 01-23-03:
Pages 3-1 & 3-2,
Pages 3-1 thru 3-2,
3-9 thru 3-23;
3-9 thru 3-24
revised;
Attachment 3-D: Pages 1 & 2, Attachment 3-D: Pages
1 & 2 revised,
Attachment 3-E,
Attachment
3-E revised,
Attachment 3-G,
Attachment
3-G revised,
Attachment 3-I;
Attachment
3-I revised;
Chapter 6 dated 01-23-03: Chapter 6 dated 01-23-03:
Attachment 6-A
Attachment
6-A revised;
Chapter 12 dated 01-23-03: Chapter 12 dated 01-23-03:
Pages 12-3 thru 12-4
Pages 12-3
thru 12-4 revised,
Attachment 12-C;
Attachment
12-C revised;
Glossary dated 01-23-03: Glossary dated 01-23-03:
Pages 1 thru 2
Pages 1 thru 2 and
Pages 11 & 12; and
11 & 12,
revised; and
Acronyms dated 01-23-03: Acronyms dated 01-23-03:
Pages 1 & 2.
Pages 1 & 2 revised
05-14-15.
INSERT
RD HB-2-3550
(WSAL)
DIRECT SINGLE FAMILY HOUSING LOANS AND GRANTS CENTRALIZED SERVICING CENTER
HANDBOOK. Chapter 7 is partially revised to clarify the originator of the
satisfaction and/or debt release letter in accordance with the current process.
REMOVE INSERT
Chapter 7 dated 05-27-28: Chapter 7 dated 05-27-28:
Pages 7-25 & 7-26.
Pages 7-25 &
7-26 revised 05-14-15.
REPLACEMENT
FORM
RD 1951-5
(WSAL)
INTERMEDIARY RELENDING PROGRAM/RURAL
DEVELOPMENT LOAN
FUND/RURAL MICROENTREPRENEUR ASSISTANCE PROGRAM
dated 01-15. Prescribed in RD Instruction 1951-R. The Form and FMI are revised
to address recommendations resulting from an OIG audit (FY 2010). Changes will
provide better instruction to the field when conducting annual site visits as it
relates to what information should be reviewed and verified, monitoring and
servicing actions, matters relating to performance measures, etc. The Form is
also being modified to include the Rural Microentrepreneur Assistance Program
projects funded with a loan. This Form and FMI are available on the Rural
Development Instructions home page (http://www.rd.usda.gov/publications/regulations-guidelines).
No paper copy distribution of this form will be made, and it will not be stocked
in the warehouse.
REMOVE INSERT
FMI dated 05-08-02. FMI revised 05-14-15.
REPLACEMENT
RD
* The following Forms and FMIs are revised to
(WSAL) be in compliance with RD Instruction
4279-A, 4279-B and 4280-B. The Forms and
FMIs are available on the Rural Development Instructions home page (http://www.rd.usda.gov/publications/regulations-guidelines).
No paper copy distribution of this form will be made, and it will not be stocked
in the warehouse.
* FORM No. REMOVE INSERT
4279-1 FMI dated 01-30-09. FMI revised 05-14-15.
4279-1A FMI dated 01-30-09. FMI revised 05-14-15.
4279-3 FMI dated 09-03-08. FMI revised 05-14-15.
4279-4 FMI dated 12-01-06. FMI revised 05-14-15.
4279-5 FMI dated 07-18-05. FMI revised 05-14-15.
4279-6 FMI dated 10-03-05. FMI revised 05-14-15.
4279-7 FMI dated 07-18-05. FMI revised 05-14-15.
FORM
LETTERS
(WSAL)
The following Form Letters are being made obsolete.
FL No. TITLED
1951-C-1
Administrative Offset Notice
1951-C-2 Notice of Debtor that Administrative Offset has been Exercised and
Intent to Collect by Administrative Offset
1951-C-6 IRS Offset (60 day Due Process Notice)
NO SPECIAL PROCEDURE NOTICES RELEASED.
NO ADMINISTRATIVE NOTICES RELEASED.
oOo