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20 U.S.C. § 1087hh

Title 20 Chapter 28 Current through PL 116-220 ~1 min read Last updated: March 30, 2026 View on OLRC →
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§ 1087hh. General authority of Secretary

In carrying out the provisions of this part, the Secretary is authorized—

  • (1) to consent to modification, with respect to rate of interest, time of payment of any installment of principal and interest or any portion thereof, or any other provision of any note evidencing a loan which has been made under this part;
  • (2) to enforce, pay, compromise, waive, or release any right, title, claim, lien, or demand, however acquired, including any equity or any right of redemption;
  • (3) to conduct litigation in accordance with the provisions of section 1082(a)(2) of this title ; and
  • (4) to enter into a contract or other arrangement with State or nonprofit agencies and, on a competitive basis, with collection agencies for servicing and collection of loans under this part.

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