Tenn. Comp. R. & Regs. 0770-04-01-.03 - FORMS
(1) Forms to be employed for the making and
processing of applications for mortgage loans and for the administration of all
matters related thereto may be prepared, revised and amended from time to time
by the Agency, and may specify the information to be included therein and the
supporting materials to be submitted therewith. Nothing in this rule would
prevent a local government which is administering its own program preparing its
own forms provided that they do not conflict with the requirements of these
rules.
(2) The Agency reserves the
right to pursue all remedies prescribed by law, including without limitation
the failure to act or fulfill any terms and conditions of commitments, deeds of
trust, origination and servicing agreements and requirements for participation
and for breach of any other documents referred to in these rules.
Notes
Authority: Public Acts of 1986, Chapter 510.
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