HUD Handbook 4000.1 V.D.3.d: Monitoring of Secondary Financing Program Participants

Document
HUD Handbook 4000.1, FHA Single Family Housing Policy Handbook
Section date
Version in Zeitro Strata
Where
pages 1742–1743 of 1872

Page 1742

d. Monitoring of Secondary Financing Program Participants (03/14/2016)

FHA will review second lien performance. HUD-approved Nonprofit Mortgagees must identify second liens and their performance.

Additional Documentation Required for Review

Upon request, the Governmental Entity or nonprofit must provide copies of fully executed Closing Disclosures or similar legal documents, and recorded secondary financing documents.

Page 1743

V. QUALITY CONTROL, OVERSIGHT, AND COMPLIANCE D. Monitoring of Other Participants
4. Real Estate Brokers (09/30/2016)

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