GroundRules
7 CFR 3565.502: Incontestability.
Where this section sits in the code
- Title 7—Agriculture
- Subtitle B—Regulations of the Department of Agriculture
- CHAPTER XXXV—RURAL HOUSING SERVICE, DEPARTMENT OF AGRICULTURE
- PART 3565—GUARANTEED RURAL RENTAL HOUSING PROGRAM
- Subpart K—Agency Guaranteed Loans That Back Ginnie Mae Guaranteed Securities
In the case of loans that back Ginnie Mae securities or loans that are acquired by Ginnie Mae as a consequence of its guaranty, the Agency guarantee under this part is incontestable except that the guarantee may not be enforced by a lender who commits fraud or misrepresentation or by a lender who had knowledge of the fraud or misrepresentation at the time such a lender acquired the guarantee or was assigned the loan.
Collected 2026-08-27T02:24:01Z. Source file · JSON