On September 5, 2018 NAR submitted comments to USDA's Rural Housing Service. The letter thanks the Agency for moving forward on the implementation of the guarantee underwriting user fee, or technology fee, related to the U.S. Department of Agriculture (USDA) Rural Housing Program (RHS) automated guaranteed loan systems. NAR strongly supports the language in the Housing Opportunities Through Modernization Act of 2016 that gave the USDA the right to assess the technology fee for the RHS Guaranteed Loan Program technological upgrades and maintenance.
NAR Letter to USDA, RHS Administrator Baxley Regarding 502 Guaranteed Loan Program User Fees
Issue Date: September 05, 2018
On September 5, 2018 NAR submitted comments to USDA's Rural Housing Service. The letter thanks the Agency for moving forward on the implementation of the guarantee underwriting user fee, or technology fee, related to the U.S. Department of Agriculture (USDA) Rural Housing Program (RHS) automated guaranteed loan systems. NAR strongly supports the language in the Housing Opportunities Through Modernization Act of 2016 that gave the USDA the right to assess the technology fee for the RHS Guaranteed Loan Program technological upgrades and maintenance.
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