§766.114. State-certified mediation or voluntary meeting of creditors.

7 C.F.R. § 766.114

(a)

A borrower who is unable to develop a feasible plan but is otherwise eligible for primary loan servicing may request:

(1)

State-certified mediation; or

(2)

Voluntary meeting of creditors when a State does not have a certified mediation program.

(b)

Any negotiation of the Agency's appraisal must be completed before State-certified mediation or voluntary meeting of creditors.

Notes, amendments, and revision history

Authority: 5 U.S.C. 301, 7 U.S.C. 1989, and 1981d(c).

Source: 72 FR 63316, Nov. 8, 2007, unless otherwise noted.