(B) Is really a Housing Finance Agency, as defined in 24 CFR 266.5; or
(C) Is really a nonprofit entity that solutions 5,000 or less home loans, including any home loans serviced with respect to associated nonprofit entities, for many of that your servicer or an associated nonprofit entity may be the creditor. For purposes with this paragraph (e)(4)(ii)(C), the next definitions use:
(1) The expression “nonprofit entity” means an entity having a taxation exemption ruling or dedication page through the Internal Revenue Service under section 501(c)(3) for the Internal sales Code of 1986 (26 U.S.C. 501()( that is c); 26 CFR 1.501(c)(3)-1), and;
(2) The expression “associated nonprofit entities” means nonprofit entities that by agreement operate utilizing a name that is common trademark, or servicemark to help and help a typical charitable objective or function.
(iii) Small servicer determination. The servicer is evaluated based on the mortgage loans serviced by the servicer and any affiliates as of January 1 and for the remainder of the calendar year in determining whether a servicer satisfies paragraph (e)(4)(ii)(A) of this section. The servicer is evaluated based on the mortgage loans serviced by the servicer as of January 1 and for the remainder of the calendar year in determining whether a servicer satisfies paragraph (e)(4)(ii)(C) of this section. A servicer that ceases to qualify as a tiny servicer may have half a year through the time it stops to qualify or through to the next January 1, whichever is later on, to comply with any demands from where the servicer is no longer exempt being a servicer that is small. 继续阅读(A) solutions, along with any affiliates, 5,000 or less home loans, for many of that the servicer (or a joint venture partner) may be the creditor or assignee;