The Florida Senate

420.37  Additional powers of the ¹agency.--The ¹agency shall have all powers necessary or convenient to carry out and effectuate the purposes of this part, including the power to provide for the collection and payment of fees and charges, regardless of method of payment, including, but not limited to, reimbursement of costs of financing by the ¹agency, credit underwriting fees, servicing charges, and insurance premiums determined by the ¹agency to be reasonable and as approved by the ¹agency. The fees and charges may be paid directly by the borrower to the insurer, lender, or servicing agent or may be deducted from the payments collected by such insurer, lender, or servicing agent.

History.--s. 19, ch. 92-317.

¹Note.--The Florida Housing Finance Agency was replaced by the Florida Housing Finance Corporation pursuant to s. 7, ch. 97-167.