# 7 CFR § 1951.1: Purpose

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-7-1951.1

## Section

- **Citation:** 7 CFR § 1951.1
- **Heading:** Purpose
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 7—Agriculture > Subtitle B—Regulations of the Department of Agriculture > CHAPTER XVIII—RURAL HOUSING SERVICE, RURAL BUSINESS-COOPERATIVE SERVICE, AND RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE > SUBCHAPTER H—PROGRAM REGULATIONS > PART 1951—SERVICING AND COLLECTIONS > Subpart A—Account Servicing Policies

## Text

This subpart sets forth the policies and procedures to use in servicingaccounts. This subpart also applies to Rural Rental Housing Loan (RRH), Rural Cooperative Housing Loan (RCH), Labor Housing Loan (LH), Rural Housing Site Loan (RHS), and Site Option Loan (SO) accounts not covered under the Predetermined Amortization Schedule System (PASS). Loans on PASS will be administered under 7 CFR part 3560, subpart I. Cases involving unauthorized assistance will be serviced under Subparts L and N of this part. Cases involving graduation of borrowers to other sources of credit will be serviced under Subpart F of this part. This subpart does not apply to Water and Waste Programs of the Rural Utilities Service, Watershed loans, or Resource Conservation and Development loans, which are serviced under part 1782 of this title. In addition, this subpart is inapplicable to Farm Service Agency, Farm Loan Programs.
[52 FR 26134, July 13, 1987, as amended at 69 FR 69105, Nov. 26, 2004; 72 FR 55017, Sept. 28, 2007; 72 FR 64122, Nov. 15, 2007]

## Nearby sections

- [7 CFR § 1951.1 § 1951.1 Purpose.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1951.1.md)
- [7 CFR § 1951.2 § 1951.2 Policy.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1951.2.md)
- [7 CFR § 1951.3 § 1951.3 Authorities and responsibilities.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1951.3.md)
- [7 CFR § 1951.7 § 1951.7 Accounts of borrowers.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1951.7.md)
- [7 CFR § 1951.8 § 1951.8 Types of payments.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1951.8.md)
- [7 CFR § 1951.9 § 1951.9 Distribution of payments when a borrower owes more than one type of Agency loan.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1951.9.md)
- [7 CFR § 1951.10 § 1951.10 Application of payments on production type loan accounts.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1951.10.md)
- [7 CFR § 1951.11 § 1951.11 Application of payments on real estate accounts.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1951.11.md)
- [7 CFR § 1951.12 § 1951.12 Changes in the application of loan payments.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1951.12.md)
- [7 CFR § 1951.13 § 1951.13 Overpayments and refunds.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1951.13.md)
- [7 CFR § 1951.14 § 1951.14 Recoverable and nonrecoverable cost charges.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1951.14.md)
- [7 CFR § 1951.15 § 1951.15 Return of paid-in-full or satisfied notes to borrower.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1951.15.md)
- [7 CFR § 1951.16 § 1951.16 Other servicing actions on real estate type loan accounts.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1951.16.md)
- [7 CFR § 1951.25 § 1951.25 Review of limited resource FO, OL, and SW loans.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1951.25.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-7-1951.1. Check the current official text before relying on it. Not legal advice.