Guaranteed Loan Status
In May of each year WHEDA will send each Lender a Guaranteed Loan Status Report. The report will list each active CROP guarantee that requires action on the part of the Lender, on or before June 30, if the loan has not been paid-in-full. This report does not need to be returned to WHEDA.
Non-Performing Loan Status
Quarterly WHEDA will send each Lender a Non-Performing Loan Status Report. The report will list each loan in forbearance, pending default and default. The Lender is required to verify and update all information on the report. The report must be signed by the Lender and returned to WHEDA within 30 days of receipt.
