is the HUD national homeownership center reference guide mailing list for real estate industry professionals that are interested in updates to HUD Mortgagee letters, notices and guidebooks, & FHA Housing Industry Training. Please visit our homepage at: http://www.hud.gov/offices/hsg/sfh/hsgsingle.cfm Servicing lenders can visit HUD’s National Servicing Center at: http://www.hud.gov/offices/hsg/sfh/nsc/nschome.cfm This list does not provide HudHome property listings.
All-
September 16, 2008
MORTGAGEE LETTER 2008-24
TO: ALL APPROVED MORTGAGEES
SUBJECT: Home Equity Conversion Mortgage (HECM) Program - Requirements on Mortgage Originators
Section 2122 (a) (9) of the Housing and Economic Recovery Act of 2008 (HERA) added Section 255 (n) to the National Housing Act to establish new requirements on HECM mortgage originators…
To read this mortgagee letter(s) and any attachments in their entirety, please visit: http://www.hud.gov/offices/adm/hudclips/letters/mortgagee/ view the 2008 letters and click on the letter of your choice. Mortgagee Letters from previous years can be found on the same page.
AND
New FHA proposed rule:
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
24 CFR Parts 201 and 203 [Doc. No. FR-5075-P-01] RIN 2502-AI45
TITLE: Federal Housing Administration: Insurance for Manufactured Housing
AGENCY: Office of the Assistant Secretary for Housing–Federal Housing Commissioner, HUD.
ACTION: Proposed rule.
SUMMARY: This proposed rule would amend HUD’s regulations governing manufactured homes that are to be the security for Federal Housing Administration (FHA) Title I loans and Title II insured mortgages…
To read this proposed rule in its entirety please visit: http://edocket.access.gpo.gov/2008/pdf/E8-20787.pdf
And
Reminder to all FHA insured loan servicers:
This is a reminder to all FHA insured loan servicers, a Presidential Major Disaster Declaration put into motion federal recovery programs designed to help victims of hurricanes, earthquakes, floods, tornado, other severe weather or major fires, which the President determines warrants supplemental federal aid. When the President declares a disaster, certain mortgage servicing actions are triggered; mortgagees should refer to HUD Handbook 4330.1 rev 5 for further guidance. The mortgagee must check with the Federal Emergency Management Agency (FEMA) to obtain the specific affected counties and corresponding declaration dates. This information can be found on the Internet at: http://www.fema.gov/disasters or by calling the local FEMA office.
As a reminder, the Department of Housing and Urban Development (HUD) requires a 90-day moratorium on all foreclosure actions on properties directly affected by Presidentially-declared disasters. The initial moratorium applies to not only new foreclosure initiations, but for all foreclosures in process and has historically applied for both areas declared by FEMA for individual assistance and/or for a public assistance declaration. HUD has provided this guidance in paragraph 14-2 of HUD Handbook, 4330.1 rev. 5, Administration of Insured Home Mortgages, and has repeated it in numerous mortgagee letters. It is also referenced on the following HUD website: http://www.hud.gov/offices/hsg/sfh/nsc/disaster.cfm
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This is the FHA Single Family Housing listserv for real estate industry professionals that are interested in updates to Mortgagee letters, Notices, Guidebooks, Housing Counseling, FHA Reference Guide, Mortgage Limits, Career Opportunities, Grants, Contracting Opportunities & Housing Industry Training. Please visit us at: http://www.hud.gov/offices/hsg/sfh/hsgsingle.cfm or visit our new homepage at: http://www.fha.gov
You can find a directory of states that are serviced by the four FHA Homeownership Centers (HOC) on the web at: http://www.hud.gov/offices/hsg/sfh/hoc/hsghocs.cfm
Servicing lenders can visit FHA’s National Servicing Center on-line at: http://www.hud.gov/offices/hsg/sfh/nsc/nschome.cfm
For FHA technical support, please contact the FHA Resource Center: http://faq.fha.gov Search our online knowledge base and find answers to our most commonly asked questions. Use “live help” to get on-line technical support. You can also get email technical support at: hud@custhelp.com or phone FHA toll-free between 8:00 a.m. and 8:00 p.m. ET (5:00 a.m. to 5:00 p.m. PT) at: (800) CALLFHA or (800) 225-5342. Call FHA TDD at: (877) TDD-2HUD (877) 833-2483).
To find the FHA S/F Reference Guide on-line please visit: http://www.hud.gov/offices/hsg/sfh/ref/hsgrcont.cfm
Find out about FHA training by visiting our Events and Training calendar at: http://www.hud.gov/offices/hsg/sfh/events/events.cfm
Do you want to find out about current HUD Contracting Opportunities? To obtain a listing of the current opportunities please visit: http://www.hud.gov/offices/cpo/contract.cfm For more information please see the HUD contracting homepage at: http://www.hud.gov/offices/cpo/index.cfm
Do you want to find out about career opportunities at HUD? Visit: http://www.usajobs.opm.gov/ Please see the HUD section at: http://jobsearch.usajobs.opm.gov/a9hud.asp Application forms can be found at: http://www.usajobs.opm.gov/forms.asp
Find out about grant opportunities by visiting HUD’s Funds Available website at: http://www.hud.gov/offices/adm/grants/fundsavail.cfm
For all FHA publications visit HudClips at http://www.hud.gov/offices/adm/hudclips/index.cfm You can order hardcopies at: http://www.hud.gov/offices/adm/dds/index.cfm
Do you need to find a FHA form? You can also find all FHA forms on the HUDClips website at: http://www.hud.gov/offices/adm/hudclips/forms/
For information on Presidentially Declared Disaster areas and to learn how HUD can help, please see: http://www.hud.gov/offices/hsg/sfh/nsc/disaster.cfm or contact the National Servicing Center in Oklahoma City, 1-888-297-8685. Also see: http://www.hud.gov/katrina/index.cfm
This list does not provide HudHome property listings. To see the latest list of all HudHomes nationwide please visit: http://www.hud.gov/homes/homesforsale.cfm
This list will often provide training opportunities and event announcements for non-profit and local government HUD partners. HUD does not endorse the organizations sponsoring linked websites, and we do not endorse the views they express or the products/services they or their community/business partners offer. For more information on HUD’s web policies please visit: http://www.hud.gov/assist/webpolicies.cfm
Thank you!
If you have a mortgage industry friend that you want to subscribe to the national hoc reference guide mailing list here are 4 ways to do it: 1. email their email address to: jerrold_h._mayer@hud.gov or 2. send them this link: http://www.hud.gov/offices/hsg/sfh/ref/hsgregst.cfm they can sign up for the email list there. or 3. forward them this email or 4. Visit http://www.firstgov.gov/ and subscribe at: http://contacts.gsa.gov/listgov.nsf/
To unsubscribe - goto: http://www.hud.gov/subscribe/index.cfm and click on “National Homeownership Center Reference Guide” and follow the unsubscription instructions on that page.
thankyou
fha appraiser, fha appraisal
