HUD Handbook 4000.1 IV.A.6.c: Initiation of Offset Action

Document
HUD Handbook 4000.1, FHA Single Family Housing Policy Handbook
Section date
Version in Zeitro Strata
Where
pages 1643–1644 of 1872

Page 1643

c. Initiation of Offset Action (09/30/2016)

HUD will initiate the offset action if HUD does not receive the funds from the Mortgagee within 30 Days from the date of the Notice of Intent to Collect by Administrative Offset and the Mortgagee has not submitted a request for a HUD review of the determination of indebtedness.

Page 1644

IV. CLAIMS AND DISPOSITION B. Title II Disposition
1. Management and Marketing Program

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