RE: Lender Update 2010-24
Funding for the USDA Guaranteed Rural Housing Program – Reinstatement of Chase Rural Housing’s Standard Interest Rate Lock and Extension Policies
In view of the information we have received today from USDA Rural Development regarding the Agency’s ability to issue loan approvals (Conditional Commitments: RD Form 1980-18) that are subject to Congressional action, Chase Rural Housing’s standard interest rate lock and lock extension policies have been reinstated effective immediately.
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