Title 12

PART 617 Part 617 - Borrower Rights

PART 617 - BORROWER RIGHTS Authority:Secs. 4.13, 4.13A, 4.13B, 4.14, 4.14A, 4.14C, 4.14D, 4.14E, 4.36, 5.9, 5.17 of the Farm Credit Act (12 U.S.C. 2199, 2200, 2201, 2202, 2202a, 2202c, 2202d, 2202e, 2219a, 2243, 2252). Source:69 FR 10907, 10908, Mar. 9, 2004, unless otherwise noted.

Authority: Secs. 4.13, 4.13A, 4.13B, 4.14, 4.14A, 4.14C, 4.14D, 4.14E, 4.36, 5.9, 5.17 of the Farm Credit Act (12 U.S.C. 2199, 2200, 2201, 2202, 2202a, 2202c, 2202d, 2202e, 2219a, 2243, 2252).
Source: 69 FR 10907, 10908, Mar. 9, 2004, unless otherwise noted.

12:7.0.1.2.18.1	SUBPART A	Subpart A - General
12:7.0.1.2.18.1.1.1	SECTION 617.7000	617.7000 Definitions.
12:7.0.1.2.18.1.1.2	SECTION 617.7005	617.7005 When may electronic communications be used in the borrower rights process
12:7.0.1.2.18.1.1.3	SECTION 617.7010	617.7010 May borrower rights be waived
12:7.0.1.2.18.1.1.4	SECTION 617.7015	617.7015 What happens to borrower rights when a loan is sold
12:7.0.1.2.18.2	SUBPART B	Subpart B - Disclosure of Effective Interest Rates
12:7.0.1.2.18.2.1.1	SECTION 617.7100	617.7100 Who must make and who is entitled to receive an effective interest rate disclosure
12:7.0.1.2.18.2.1.2	SECTION 617.7105	617.7105 When must a qualified lender disclose the effective interest rate to a borrower
12:7.0.1.2.18.2.1.3	SECTION 617.7110	617.7110 How should a qualified lender disclose the cost of borrower stock or participation certificates
12:7.0.1.2.18.2.1.4	SECTION 617.7115	617.7115 How should a qualified lender disclose loan origination charges
12:7.0.1.2.18.2.1.5	SECTION 617.7120	617.7120 How should a qualified lender present the disclosures to a borrower
12:7.0.1.2.18.2.1.6	SECTION 617.7125	617.7125 How should a qualified lender determine the effective interest rate
12:7.0.1.2.18.2.1.7	SECTION 617.7130	617.7130 What initial disclosures must a qualified lender make to a borrower
12:7.0.1.2.18.2.1.8	SECTION 617.7135	617.7135 What subsequent disclosures must a qualified lender make to a borrower
12:7.0.1.2.18.3	SUBPART C	Subpart C - Disclosure of Differential Interest Rates
12:7.0.1.2.18.3.1.1	SECTION 617.7200	617.7200 What disclosures must a qualified lender make to a borrower on loans offered with more than one rate of interest
12:7.0.1.2.18.4	SUBPART D	Subpart D - Actions on Applications; Review of Credit Decisions
12:7.0.1.2.18.4.1.1	SECTION 617.7300	617.7300 When acting on a loan application, what are the notice requirements and review rights
12:7.0.1.2.18.4.1.2	SECTION 617.7305	617.7305 What is a CRC and who are the members
12:7.0.1.2.18.4.1.3	SECTION 617.7310	617.7310 What is the review process of the CRC
12:7.0.1.2.18.4.1.4	SECTION 617.7315	617.7315 What records must the qualified lender maintain on behalf of the CRC
12:7.0.1.2.18.5	SUBPART E	Subpart E - Distressed Loan Restructuring; State Agricultural Loan Mediation Programs
12:7.0.1.2.18.5.1.1	SECTION 617.7400	617.7400 What protections exist for borrowers who meet all loan obligations
12:7.0.1.2.18.5.1.2	SECTION 617.7405	617.7405 On what policies are loan restructurings based
12:7.0.1.2.18.5.1.3	SECTION 617.7410	617.7410 When and how does a qualified lender notify a borrower of the right to seek loan restructuring
12:7.0.1.2.18.5.1.4	SECTION 617.7415	617.7415 How does a qualified lender decide to restructure a loan
12:7.0.1.2.18.5.1.5	SECTION 617.7420	617.7420 How will a decision on an application for restructuring be issued
12:7.0.1.2.18.5.1.6	SECTION 617.7425	617.7425 What type of notice should be given to a borrower before foreclosure
12:7.0.1.2.18.5.1.7	SECTION 617.7430	617.7430 Are institutions required to participate in state agricultural loan mediation programs
12:7.0.1.2.18.6	SUBPART F	Subpart F - Distressed Loan Restructuring Directive
12:7.0.1.2.18.6.1.1	SECTION 617.7500	617.7500 What is a directive used for and what may it require
12:7.0.1.2.18.6.1.2	SECTION 617.7505	617.7505 How will the qualified lender know when FCA is considering issuing a distressed loan restructuring directive
12:7.0.1.2.18.6.1.3	SECTION 617.7510	617.7510 What should the qualified lender do when it receives notice of a distressed loan restructuring directive
12:7.0.1.2.18.6.1.4	SECTION 617.7515	617.7515 How does the FCA decide whether to issue a directive
12:7.0.1.2.18.6.1.5	SECTION 617.7520	617.7520 How does the FCA issue a directive and when will it be effective
12:7.0.1.2.18.6.1.6	SECTION 617.7525	617.7525 May FCA use other enforcement actions
12:7.0.1.2.18.7	SUBPART G	Subpart G - Right of First Refusal
12:7.0.1.2.18.7.1.1	SECTION 617.7600	617.7600 What are the definitions used in this subpart
12:7.0.1.2.18.7.1.2	SECTION 617.7605	617.7605 How should System institutions document whether the borrower had the financial resources to avoid foreclosure
12:7.0.1.2.18.7.1.3	SECTION 617.7610	617.7610 What should the System institution do when it decides to sell acquired agricultural real estate
12:7.0.1.2.18.7.1.4	SECTION 617.7615	617.7615 What should the System institution do when it decides to lease acquired agricultural real estate
12:7.0.1.2.18.7.1.5	SECTION 617.7620	617.7620 What should the System institution do when it decides to sell acquired agricultural real estate at a public auction
12:7.0.1.2.18.7.1.6	SECTION 617.7625	617.7625 Whom should the System institution notify
12:7.0.1.2.18.7.1.7	SECTION 617.7630	617.7630 Does this Federal requirement affect any state property laws