Notwithstanding paragraphs (1) and you may (2), the newest Assistant may not won’t shell out pursuant so you can a legitimate make certain toward funds away from a loan provider or proprietor prohibited lower than that it subsection if your money was indeed in past times manufactured in good faith.
The latest proprietor of certificate may start foreclosure process (shortly after getting authored find of such step to the Assistant) and on a final buy from the court authorizing foreclosure and you can distribution for the Secretary out-of a claim to possess commission within the verify, new Assistant shall shell out toward owner of the certification this new pro-rata portion of the number guaranteed (as the calculated pursuant so you can subsection (e)) plus practical charge and expenses since approved by the Assistant.