Code of Federal Regulations · Section

§ 1005.509 — Application Of Payments

24 C.F.R. § 1005.509

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All monthly payments to be made by the Borrower to the Servicer shall be added together, and the aggregate amount shall be paid by the Borrower each month in a single payment by the Borrower, in accordance with the loan documents. The Servicer shall apply the Borrower's funds in accordance with § 1005.715.

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