7 C.F.R. § 3565.505

Current through November 30, 2024
Section 3565.505 - Liability
(a) Ginnie Mae shall not be liable for the actions of the lender including, but not limited to, negligence, fraud, abuse, misrepresentation or misuse of funds, property condition, or violations of usury laws.
(b) Ginnie Mae's rights under the guarantee shall be fully enforceable notwithstanding the actions of the lender.

7 C.F.R. §3565.505