HUD Handbook 4000.1 IV.D.2.b: Abandonment

Document
HUD Handbook 4000.1, FHA Single Family Housing Policy Handbook
Section date
Version in Zeitro Strata
Where
page 1702 of 1872

Page 1702

b. Abandonment (05/09/2022)

If the Lender determines that the Manufactured Home has been abandoned, the Lender may proceed against the security without waiting for the expiration of the 30-Day period provided in the Notice of Default and Acceleration. The Lender must document how it determined that the home was abandoned.

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