Primary Loan Servicing Programs [Agriculture] Law and Legal Definition
According to 7 CFR 761.2 [Title 7 – Agriculture, Subtitle B - Regulations of the Department of Agriculture, Chapter VII - Farm Service Agency, Department of Agriculture, Subchapter D - Special Programs, Part 761 - General Program Administration, Subpart A - General Provisions], primary loan servicing programs include:
“(1) Loan consolidation and rescheduling, or reamortization;
(2) Interest rate reduction, including use of the limited resource rate program;
(3) Deferral;
(4) Write-down of the principal or accumulated interest; or
(5) Any combination of paragraphs (1) through (4) of this definition.”
Legal Definition list
- Primary Loan Servicing Programs [Agriculture]
- Primary Loan Service Program
- Primary Jurisdiction Doctrine
- Primary Industry Classification
- Primary Government Securities Dealer
- Primary Management Official
- Primary Market
- Primary Meeting
- Primary Mode of Action
- Primary Mortgage Servicer
- Primary National Subdivision of Federal Labor Relations Agency
Related Legal Terms
- 30-Year Contract [Agriculture]
- Abandoned Security Property [Agriculture]
- Acquisition and Cross-Servicing Agreement
- Acquisition and Improvement Loan [Veterans' Relief]
- Acquisition Loan [HUD]
- Acquisition, Development and Construction (ADC) Loan
- Actual Yield [Agriculture]
- Adjustable Rate Mortgage Loan
- Adjusted Yield [Agriculture]
- Administrative Cost of Issuing a Loan Guarantee
