HUD Handbook 4000.1 IV.B.1.a: HUD Contractors

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

Page 1644

a. HUD Contractors (09/30/2016)

i. Mortgagee Compliance Manager

Mortgagee Compliance Managers (MCM) are HUD’s M&M contractors responsible for ensuring compliance with HUD’s conveyance standards related to title, occupancy, and property condition.

ii. Field Service Manager

Field Service Managers (FSM) are HUD’s M&M contractors responsible for providing property maintenance and preservation services for Properties owned by or in the custody of HUD.

iii. Asset Manager

Asset Managers (AM) are HUD’s M&M contractors responsible for the marketing and sale of Properties owned by or in the custody of HUD.

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