USDA HB-1-3555 4.1: INTRODUCTION

Document
USDA HB-1-3555, Single Family Housing Guaranteed Loan Program Technical Handbook
Version in Zeitro Strata
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page 43 of 551

Page 43

4.1 INTRODUCTION

Lenders must operate responsibly and comply with all Single Family Housing Guaranteed Loan Program (SFHGLP) requirements. The Agency will provide notice of all program changes; however, lenders are responsible for remaining informed of all program policies and procedures and ensuring that lender staff is adequately trained. The Agency encourages lenders to attend or participate in training provided by the Agency or other approved methods, as outlined in Chapter 3 of this Handbook. For Agency provided training, the Lender and Partner Activities Branch can arrange training for lenders and their staff members. New lenders who request participation in the SFHGLP by submitting Form RD 3555-16, Agreement for Participation in Single Family Housing Guaranteed/Insured Loan Programs of the United States Government, are required to take training prior to approval by the Agency. Lenders are encouraged to register for automatic email notification regarding loan origination and servicing updates. Lenders may register at: https://public.govdelivery.com/accounts/USDARD/subscriber/new.

Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.