More Free Downloads
Three new and free files were added to the CubicYard Download Library:
USDA Obligations Related To Property Possession and Preservation
The purpose of this Administrative Notice (AN) is to clarify the provisions of RD Instruction 1980-D regarding the content and submission requirements for Single Family Housing Guaranteed Loan Program (SFHGLP) lender/servicer real estate owned (REO) property
disposition plans (PDP) and incorporate guidance regarding occupied REO.
USDA Handbook Chapter 15: Managing Custodial and REO Property
The Agency assumes management responsibility for 2 types of properties: custodial and real estate owned (REO). Custodial property is borrower-owned property which has been abandoned. REO is Agency-owned property to which the Agency has acquired title, either as a result of foreclosure or conveyance by deed in lieu of foreclosure. This chapter outlines the requirements for management of each type of property.
USDA Handbook Chapter 16: Disposing of Real Estate Owned Property
The Agency will make every effort to sell real estate owned (REO) properties quickly
and at the best possible price. Whenever possible, preference will be given to selling REO
program property to buyers eligible for Direct or Guaranteed SFH programs.
You can download them FROM HERE