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Are there certain loan statuses that make a loan ineligible to be purchased under the Loan Purchase Commitment Program?

April 26, 2017certain commitment ineligible loan program purchase statuses

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Are there certain loan statuses that make a loan ineligible to be purchased under the Loan Purchase Commitment Program?

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A2 Except for a loan for which the lender has filed a default or other claim with a guaranty agency; the loan can be in any status (e.g., in-school, grace, deferment, forbearance, delinquent).