7 CFR § 3565.57 - Modification, extension, reinstatement of loan guarantee.
---
identifier: "/us/cfr/t7/s3565.57"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "7 CFR § 3565.57 - Modification, extension, reinstatement of loan guarantee."
title_number: 7
title_name: "Agriculture"
section_number: "3565.57"
section_name: "Modification, extension, reinstatement of loan guarantee."
chapter_name: "RURAL HOUSING SERVICE, DEPARTMENT OF AGRICULTURE"
part_number: "3565"
part_name: "GUARANTEED RURAL RENTAL HOUSING PROGRAM"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "5 U.S.C. 301; 7 U.S.C. 1989; 42 U.S.C. 1480."
regulatory_source: "63 FR 39458, July 22, 1998, unless otherwise noted."
cfr_part: "3565"
---
# 3565.57 Modification, extension, reinstatement of loan guarantee.
To protect its interest or further the objectives of the program, the Agency may, at its sole discretion, modify, extend, or reinstate a loan guarantee. In making this decision the Agency will consider potential losses under the program, impact on the tenants and the public reaction that may be received regarding the action. Further, the Agency may authorize a guarantee on a new loan that is originated as a part of a workout agreement.