HUD Handbook 4000.1 I.A.7.k: Principal Activity Change of Nonsupervised Mortgagee

Document: HUD Handbook 4000.1, FHA Single Family Housing Policy Handbook
Section date: September 14, 2015
Version in Zeitro Strata: August 12, 2026
Where: page 85 of 1872
Official text: HUD Handbook 4000.1, FHA Single Family Housing Policy Handbook on the FHA website

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Page 85

k. Principal Activity Change of Nonsupervised Mortgagee (09/14/2015)

If a Nonsupervised Mortgagee’s activities change such that it no longer meets the principal activity requirement, the Mortgagee must submit a Notice of Material Event to FHA and submit a Corrective Action Plan detailing the steps it will take to meet the principal activity requirement to maintain its eligibility.

Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.