{"data":{"id":"us/12-cfr-614.4337","jurisdiction":"us","citation":"12 CFR 614.4337","heading":"Disclosure to borrowers.","body":"When a loan or an interest in a loan other than a participation interest is sold with servicing rights, the disclosure shall be made to the borrower in accordance with this section:\n(a) The selling institution shall disclose to the borrower at least 10 days prior to the borrower's next payment date;\n(1) The name, address, and telephone number of the purchasing institution;\n(2) The name and address of the party to whom payment is to be made;\n(3) A description of the impact of the sale on statutory borrower rights after the sale;\n(4) Any terms in the agreement that would permit a purchaser to change the terms or conditions of the loan.\n(b) A Farm Credit System institution that purchases a loan or a non-participation interest therein shall not take any servicing action that adversely affects the borrower until it ensures that disclosure has been made to the borrower of:\n(1) The name, address, and telephone number of the purchasing institution; and\n(2) The address where the payment should be sent.","path":["Title 12—Banks and Banking","CHAPTER VI—FARM CREDIT ADMINISTRATION","SUBCHAPTER B—FARM CREDIT SYSTEM","PART 614—LOAN POLICIES AND OPERATIONS","Subpart H—Loan Purchases and Sales"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"7b6f7eee29263f7fa3b96eb77348f88b9b6bfc9c042534097727e7a0178485a8","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-614.4335","next":"us/12-cfr-614.4340"},"notice":"GroundRules: Original legal text. Not legal advice."}