ORIGINATION TRAINING OPPORTUNITY, 7 CFR Part 3555 Final Rule & HB-1-3555 Revisions

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March 7, 2016


7 CFR Part 3555 Final Rule & HB-1-3555 Revisions.

On March 9, 2016 the final rule for 7 CFR Part 3555 and the revised technical handbook, HB-1-3555, will be effective for all conditional commitments issued by USDA.  To prepare for the upcoming revisions USDA has prepared this training opportunity. 



The presentation will review the revisions to the 7 CFR Part 3555 final rule and HB-1-3555 with a focus on origination.  New changes will be listed followed by scenario based questions. 



The training presentation is on-demand and available 24 hours a day for your convenience!


Link to Adobe Connect Training:  https://usdard.adobeconnect.com/p5nvfdgqbff/?OWASP_CSRFTOKEN=264176ace9cfa2e31569f48d1c223e1a531bf19aa355ee132a812e8099d2119e   


Training materials:  Origination Training Handout


The new HB-1-3555 (Appendix 1 is 7 CFR Part 3555) will be published on March 9, 2016 online at:  http://www.rd.usda.gov/publications/regulations-guidelines/handbooks#hb13555. 


The 7 CFR Part 3555 final rule is available online at:  https://www.gpo.gov/fdsys/pkg/FR-2016-02-08/pdf/2016-01872.pdf.     


Thank you for your support of the Single Family Housing Guaranteed Loan Program. 


Questions regarding this announcement may be directed to the National Office Division at (202) 720-1452.