Code of Maine Rules
94 - INDEPENDENT AGENCIES
457 - FINANCE AUTHORITY OF MAINE (FAME)
Chapter 204 - SECONDARY MARKET PROGRAM
- Section 457-204-1 - Definitions
- Section 457-204-2 - Application Procedures
- Section 457-204-3 - Application Contents
- Section 457-204-4 - Approval/Rejection
- Section 457-204-5 - Criteria and Considerations
- Section 457-204-6 - Payments by the Authority
- Section 457-204-7 - Loan Servicing
- Section 457-204-8 - Priorities
- Section 457-204-9 - Faith and Credit
- Section 457-204-10 - Rights and Liabilities
- Section 457-204-11 - Payments
- Section 457-204-12 - Protective Advances
- Section 457-204-13 - Repurchase by Lender
- Section 457-204-14 - The Authority Repurchase
- Section 457-204-15 - Repurchase by Lender for Servicing
- Section 457-204-16 - Custody of Unguaranteed Portion
- Section 457-204-17 - When Guarantee Terminates
- Section 457-204-18 - Commitment or Rejection
- Section 457-204-19 - Premiums, Fees and Other Charges
- Section 457-204-20 - Waiver of rule
- Section 457-204-21 - Miscellaneous
- Section 457-204-22 - Implementation/Appeal to Members
Current through 2024-38, September 18, 2024
Summary: This rule establishes the procedures, standards and fees applicable to those applying for and benefitting from the Authority's secondary market program for insured loans.
STATUTORY AUTHORITY: 10 M.R.S.A. Section969-A(5)
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