Regulacje i polityka gospodarcza · 02/11/1999

US Rule Proposes Changes to Loans for Indian Tribes and Tribal Corporations

The proposed rule aims to simplify and expand the Indian Tribal Land Acquisition Program (ITLAP) by allowing borrowers to use loan reserve accounts for additional real estate purchases and refinancing activities, and to provide more servicing options, while also expanding the uses of ITLAP funds and requiring borrowers to include an option to purchase land in their loan applications.