Notwithstanding section 3302 of title 31, the Secretary may recover from a lender of a loan under this subchapter any damages suffered by the Secretary as a result of a material breach of the obligations of the lender with respect to a guarantee or insurance by the Secretary of the loan.
The Secretary may collect a fee for any loan or guaranteed or insured portion of a loan that is transferred in accordance with this section.
A fiscal transfer agent designated under subsection (f) may be compensated through any of the fees assessed under this section and any interest earned on any funds or fees collected by the fiscal transfer agent while the funds or fees are in the control of the fiscal transfer agent and before the time at which the fiscal transfer agent is contractually required to transfer such funds to the Secretary or to transferees or other holders.
Nothing in this subchapter prohibits the pooling of whole loans or interests in loans transferred under this section.
In promulgating regulations under subsection (i),[1] the Secretary may include such regulations to effect orderly and efficient pooling procedures as the Secretary determines to be necessary.
Not later than 180 days after December 13, 2002, the Secretary shall develop such procedures and promulgate such regulations as are necessary to facilitate, administer, and promote transfers of loans and guaranteed and insured portions of loans under this section.