HUD Handbook 4000.1 IV.A.2.k: Claim Type 33 ** – Partial Claim

Document
HUD Handbook 4000.1, FHA Single Family Housing Policy Handbook
Section date
Version in Zeitro Strata
Where
page 1631 of 1872

Page 1631

k. Claim Type 33 ** – Partial Claim (10/01/2025)

The Mortgagee may file a claim for a Partial Claim incentive and insurance benefits under Claim Type 33 **. HUD will pay the Mortgagee a financial incentive for the use of a Partial Claim.

The Mortgagee may only file for an incentive fee when the Loss Mitigation Option is used to cure the Default. When the Partial Claim and Loan Modification are used together, the Mortgagee must submit two separate claims.

The Mortgagee may include an incentive fee if the claim is submitted no later than 60 Days from the execution date of the Partial Claim.

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