To assure that your Common Manual remains current, please record this document on your LPM/LPB index, and retain it in Appendix E of your manual.

Please review the attached announcement from FSA regarding the New Lender Payment Process Redesign Initiative. We have learned from FSA that a number of lenders and servicers have yet to submit the required forms for access to the new Lender Reporting System. Please check with your servicer to ensure that your lending institution is covered under the new agreement. If your lending institution services its own loans, it is imperative that these forms be submitted electronically by the deadlines stated in the attached announcement.

For additional information on the Lender Payment Process Redesign Initiative, contact Kelvin DeLoach, LOSFA Program Review Division at 1-800-259-5626, extension 0585, or locally (225) 922-0585.

Announcement from FSA