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Federal Register / Vol. 77, No. 218 / Friday, November 9, 2012 / Notices Kelley on DSK3SPTVN1PROD with NOTICES covering the guaranteed portion of the CA loan in the LARA no later than 10 days after
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The covering form guaranteed portion is a document that ensures the repayment of a specified percentage of a loan in the event of default or insolvency.
Lenders or financial institutions are required to file the covering form guaranteed portion.
The covering form guaranteed portion can be filled out by providing the necessary information, such as borrower's details, loan amount, and the specified percentage to be covered.
The purpose of the covering form guaranteed portion is to provide a backup guarantee for lenders in case of borrower default or insolvency.
The covering form guaranteed portion requires reporting of borrower details, loan amount, specified coverage percentage, and other relevant loan information.
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