Acceleration of loans.

CFR · 2024-01-01 · US · Title 7

(a) (i) State law imposes separate restrictions on accelerations; (ii) The borrower is American Indian, whose real estate is located on an Indian reservation. (2) The Agency accelerates all of the borrower's loans at the same time, regardless of whether each individual loan is delinquent or not. (3) All borrowers must receive prior notification in accordance with subpart C of this part, except for borrowers who fail to graduate in accordance with § 766.101(a)(8). (b) (c) (1) Pay the account in full; (2) Transfer the security to a third party in accordance with part 765, subpart I of this chapter; (3) Sell the security property in accordance with § 766.352; or (4) Voluntarily convey the security to the Agency in accordance with §§ 766.353 and 766.354, as appropriate. (d) (e)

official document · source cfr-2024 · id 7:§ 766.355