# Servicing of Community and Insured Business Programs Loans and Grants
> **Rural Housing Service** · Final rule. · Published 1998-08-05 · Effective 1998-08-05 · 63 FR 41713
## Document
- **Document number:** 98-20914
- **Category:** rural-development
- **Sub-agency:** Rural Housing Service
- **Federal Register citation:** 63 FR 41713
- **CFR reference:** 7 CFR 1951
- **Publication date:** 1998-08-05
- **Effective date:** 1998-08-05
## Abstract

The Rural Utilities Service (RUS) hereby amends the regulations utilized to service loans and grants. The final rule will permit loan reamortization with interest rate adjustment for eligible delinquent borrowers. The final rule will provide debt relief to troubled borrowers and encourage these organizations to remain in operation and resume scheduled loan payments. The final rule will also provide RUS greater flexibility to service problem loans and permit a viable, cost effective alternative to debt write-offs.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/1998/08/05/98-20914/servicing-of-community-and-insured-business-programs-loans-and-grants)
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