USDA HB-1-3555, Chapter 17 (Regular Servicing -), § 17.6

usda-hb-3555-17-6

USDA Handbook HB-1-3555 section 17.6. Full verbatim section text, substring-verified against snapshot 481dcf71d80912ba.

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  id: usda-hb-3555-17.6
  authority: USDA HB-1-3555, Chapter 17 (Regular Servicing -), § 17.6
  description: USDA Handbook HB-1-3555 section 17.6. Full verbatim section text, substring-verified against snapshot 481dcf71d80912ba.
  effective_date: '2025-04-14'
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    section: USDA HB-1-3555, Chapter 17 (Regular Servicing -), § 17.6
    description: OVERVIEW [7 CFR 3555.255] A borrower must obtain approval from the servicer before taking actions that may affect the security value of a property. In certain circumstances, the servicer does not need to obtain Agency approval before consenting to a transaction involving a partial release of the security; however, servicers must obtain approval from the Agency before consenting to a transfer with an assumption of the
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      authority: USDA HB-1-3555, Chapter 17 (Regular Servicing -), § 17.6
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      paragraph_quote: OVERVIEW [7 CFR 3555.255] A borrower must obtain approval from the servicer before taking actions that may affect the security value of a property. In certain circumstances, the servicer does not need to obtain Agency approval before consenting to a transaction involving a partial release of the security; however, servicers must obtain approval from the Agency before consenting to a transfer with an assumption of the outstanding debt. Specific guidelines for each type of action are provided below.
      drafter_attestation: Verbatim from USDA HB-1-3555, snapshot 481dcf71d80912ba; substring-verified (raw projection) on 2026-08-22.
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      effective_date: '2025-04-14'
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      effective_date_note: Procedure Notice 637
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Verbatim regulatory text (1)

Verbatim provisions from USDA HB-1-3555, Chapter 17 (Regular Servicing -), § 17.6 — 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 HB-1-3555, Chapter 17 (Regular Servicing -), § 17.6

Effective 2025-04-14 · USDA chapter revision · Procedure Notice 637

OVERVIEW [7 CFR 3555.255] A borrower must obtain approval from the servicer before taking actions that may affect the security value of a property. In certain circumstances, the servicer does not need to obtain Agency approval before consenting to a transaction involving a partial release of the security; however, servicers must obtain approval from the Agency before consenting to a transfer with an assumption of the outstanding debt. Specific guidelines for each type of action are provided below.

Source: USDA HB-1-3555, Chapter 17 (Regular Servicing -), § 17.6 · source URL · snapshot 481dcf71d80912ba

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Operationalizing USDA HB-1-3555, Chapter 17 (Regular Servicing -), § 17.6

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Source of record: https://claudeforcompliance.com/regs/usda-hb-3555-17-6/ · register usda-hb-3555-17-6 · Claude for Compliance. Free to read and download; see regulatory updates and methodology.