Underserved Areas. Before the Sec- retary sends the termination notice, the Secretary shall review the Census tract concentrations of the defaults and claims. If the Secretary deter- mines that the excessive rate is the re- xxxx of mortgage lending in under- served areas, as defined in 24 CFR 81.2, the Secretary may determine not to terminate the mortgagee’s origination approval agreement and/or direct en- dorsement approval.
Appears in 5 contracts
Samples: Loan Agreement, Approval Agreement, Approval Agreement
