13 CFR § 120.1714 - Seller's Pool Loan servicing.
§ 120.1714 Seller's Pool Loan servicing.
Subject to § 120.1718 of this subpart J, the Seller must service Seller's Pool Loan in a commercially reasonable manner, consistent with prudent lending standards, and in accordance with applicable Program Rules and Regulations. The Seller receives the Servicing Retention Amount for servicing the Seller's Pool Loan.