Code of Federal Regulations · Section
§ 3565.504 — Transfers
7 C.F.R. § 3565.504
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(a) Loans and/or mortgage servicing on loans backing Ginnie Mae guaranteed securities may only be transferred to a Ginnie Mae issuer and may only be transferred with prior Ginnie Mae approval.
(b) Agency approval shall not be required for transfer of the servicing on the guaranteed mortgages to Ginnie Mae.
Authorizing Statute
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Rules and regulations7 U.S.C. § 1989
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Administrative powers of Secretary42 U.S.C. § 1480
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Departmental regulations5 U.S.C. § 301