# Single Family Housing Guaranteed Loan Program Changes Related to Special Servicing Options
> **Rural Housing Service** · Final rule. · Published 2024-08-15 · Effective 2025-02-11 · 89 FR 66189
## Document
- **Document number:** 2024-18291
- **Category:** rural-development
- **Sub-agency:** Rural Housing Service
- **Federal Register citation:** 89 FR 66189
- **CFR reference:** 7 CFR 3555
- **Publication date:** 2024-08-15
- **Effective date:** 2025-02-11
- **USDA docket:** Docket No. RHS-24-SFH-0001
## Abstract

The Rural Housing Service (RHS or Agency), a Rural Development (RD) agency of the United States Department of Agriculture (USDA), is implementing changes to the Single-Family Housing Guaranteed Loan Program (SFHGLP) to amend the current regulations regarding Special Servicing Options and adjust the Mortgage Recovery Advance (MRA) process. This final rule is intended to benefit borrowers and lenders by providing lenders more flexibility in their servicing options, offering a less expensive and less cumbersome MRA process, and reduce program risk of the guaranteed loan portfolio.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2024/08/15/2024-18291/single-family-housing-guaranteed-loan-program-changes-related-to-special-servicing-options)
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