Common use of Third Party Servicers Clause in Contracts

Third Party Servicers. The guar- anty agency may not enter into a con- tract with a third-party servicer that the Secretary has determined does not meet the financial and compliance standards under § 682.416. The guaranty agency shall provide the Secretary with the name and address of any third-party servicer with which the agency enters into a contract and, upon request by the Secretary, a copy of that contract.

Appears in 4 contracts

Sources: Loan Rehabilitation Agreement, Loan Rehabilitation Agreement, Loan Rehabilitation Agreement