source:
  type: regulation
  id: usda-7cfr-3555.253
  authority: 7 CFR Part 3555 — USDA Single Family Housing Guaranteed Loan Program § 3555.253 — Late payment charges
  description: '7 CFR Part 3555 — USDA Single Family Housing Guaranteed Loan Program, §3555.253 Late payment charges.
    Captured section-complete (all subsections verbatim).

    '
obligations:
- id: usda-7cfr-3555.253-full
  canonical_id: usda-7cfr-3555.253-full
  section: 7 CFR §3555.253
  description: 'Late payment charges: Late payment charges will not be covered by the guarantee and cannot be added
    to the principal and interest due under any guaranteed note.'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  primary_source:
    tier: 1
    authority: 7 CFR Part 3555 — USDA Single Family Housing Guaranteed Loan Program § 3555.253
    source_class: ecfr-xml
    source_url: https://www.ecfr.gov/current/title-7/subtitle-B/chapter-XXXV/part-3555
    snapshot_id: 60bd6fb03befa14c
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:f1f884c828bb807baf369d30e1a9479648dfa62165e28511a0730ed785181a8b
    paragraph_quote: Late payment charges will not be covered by the guarantee and cannot be added to the principal
      and interest due under any guaranteed note.
    drafter_attestation: Verbatim (whitespace-normalized) slice of §3555.253 (whole section) from snapshot 60bd6fb03befa14c;
      substring-verified.
  judgment: false
- id: usda-7cfr-3555.253-a
  canonical_id: usda-7cfr-3555.253-a
  section: 7 CFR §3555.253(a)
  description: 'Late payment charges — (a): (a) Maximum amount. Any late payment charge must be reasonable and customary
    for the area.'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  primary_source:
    tier: 1
    authority: 7 CFR Part 3555 — USDA Single Family Housing Guaranteed Loan Program § 3555.253
    source_class: ecfr-xml
    source_url: https://www.ecfr.gov/current/title-7/subtitle-B/chapter-XXXV/part-3555
    snapshot_id: 60bd6fb03befa14c
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:f1f884c828bb807baf369d30e1a9479648dfa62165e28511a0730ed785181a8b
    paragraph_quote: (a) Maximum amount. Any late payment charge must be reasonable and customary for the area.
    drafter_attestation: Verbatim (whitespace-normalized) slice of §3555.253 subsection (a) from snapshot 60bd6fb03befa14c;
      substring-verified.
  judgment: false
- id: usda-7cfr-3555.253-b
  canonical_id: usda-7cfr-3555.253-b
  section: 7 CFR §3555.253(b)
  description: 'Late payment charges — (b): (b) Loans with interest assistance. The lender must not charge a late
    fee if the only unpaid portion of the borrower''s scheduled payment is interest assistance owed by Rural Development.'
  type: dont
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  primary_source:
    tier: 1
    authority: 7 CFR Part 3555 — USDA Single Family Housing Guaranteed Loan Program § 3555.253
    source_class: ecfr-xml
    source_url: https://www.ecfr.gov/current/title-7/subtitle-B/chapter-XXXV/part-3555
    snapshot_id: 60bd6fb03befa14c
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:f1f884c828bb807baf369d30e1a9479648dfa62165e28511a0730ed785181a8b
    paragraph_quote: (b) Loans with interest assistance. The lender must not charge a late fee if the only unpaid
      portion of the borrower's scheduled payment is interest assistance owed by Rural Development.
    drafter_attestation: Verbatim (whitespace-normalized) slice of §3555.253 subsection (b) from snapshot 60bd6fb03befa14c;
      substring-verified.
  judgment: false
