---
kind: "section"
citation: "7 C.F.R. § 3565.105"
title: "7"
number: "3565.105"
heading: "Lender compliance."
url: "https://uscodex.org/cfr/7/3565.105"
---

# §3565.105. Lender compliance.


A lender will remain an approved lender unless terminated by the Agency. To maintain approval, the lender must comply with the following requirements.

- (a) Maintain eligibility in accordance with §§ [3565.102](/cfr/7/3565.102.md) and [3565.103](/cfr/7/3565.103.md);
- (b) Comply with all applicable statutes, regulations, and procedures;
- (c) Inform the Agency of any material change in the lender's staffing, policies and procedures, or corporate structure;
- (d) Cooperate fully with all program or Agency monitoring and auditing policies and procedures, including the Agency's annual audit of approved lenders; and
- (e) Maintain active participation in the multifamily guaranteed loan program by initiating a new loan guarantee or holding a loan guaranteed under this program.

## Notes

### Authority

Authority: 5 U.S.C. 301; 7 U.S.C. 1989; 42 U.S.C. 1480.

### Source

Source: 63 FR 39458, July 22, 1998, unless otherwise noted.