USDA announced changes in Handbook-1-3550, Chapters 1, 2, 3, 4, 5, 6, 7, 8, 11, 12, 13, 15, and 16 changes address several regulatory changes published in the Final Rule 0575-AD 14 (including additions in response to the American Rescue Plan Act) and is expected to reduce the burden on RD Field Staff and the public.
To update the following terms throughout the handbook:
- MortgageServ to LoanServ
- National Financial and Accounting Operations Center (NFAOC) or Centralized Servicing Office (CSC) to Servicing and Asset Management Office (Servicing Office)
- Field Assistance Desk to SFH Assistance Section