FHA Single Family Housing Policy Handbook 4000.1, Part I
HUD effective date: 03/27/2019 · section I.A.9 · Handbook 4000.1
FHA Single Family Housing Policy Handbook 4000.1, Part I — 9. Voluntary Withdrawal of FHA Mortgagee Approval (03/27/2019).
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Verbatim provisions from FHA Single Family Housing Policy Handbook 4000.1, Part I — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
FHA Single Family Housing Policy Handbook 4000.1, Part I — 9. Voluntary Withdrawal of FHA Mortgagee Approval (03/27/2019)
Government Accountability Office Generally Accepted Government Auditing Standards (GAGAS), also referred to as the “Yellow Book,” and GAAS. (C) Audit Related Questions The Mortgagee must submit answers to FHA’s Audit Related Questions. FHA’s Audit Related Questions address information about the Mortgagee’s financial data, the type of audit completed, and any Findings reported. (D) Independent Public Accountant Attestation The Mortgagee must submit its recertification package to an Independent Public Accountant (IPA) for review. The IPA must review the Mortgagee’s financial data and Audit Related Questions, and complete the Agreed Upon Procedures. The Agreed Upon Procedures address compliance with required audit procedures. iii. Exception for Government Mortgagees Government Mortgagees are not required to submit financial information.
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Source of record: https://claudeforcompliance.com/regs/hud-4000-1-i-9-voluntary-withdrawal-of-fha-mortgagee-approval/
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