FHA Single Family Housing Policy Handbook 4000.1, I. DOING BUSINESS WITH FHA > A. FHA LENDERS AND MORTGAGEES > 2. Types of Approved Mortgagees — c. Government Mortgagee
HUD effective date: 06/20/2024 · section I.A.2 · Handbook 4000.1
FHA Single Family Housing Policy Handbook 4000.1, Part I — c. Government Mortgagee (06/20/2024).
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Verbatim provisions from FHA Single Family Housing Policy Handbook 4000.1, I. DOING BUSINESS WITH FHA > A. FHA LENDERS AND MORTGAGEES > 2. Types of Approved Mortgagees — c. Government Mortgagee — 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 — c. Government Mortgagee (06/20/2024)
c. Government Mortgagee (06/20/2024) i. Definitions (A) Governmental Institutions Governmental Institutions refer to federal, state, and municipal governmental agencies and Federal Reserve Banks. (B) Government-Sponsored Enterprises Government-Sponsored Enterprises (GSE) refer to Federal Home Loan Banks, the Federal Home Loan Mortgage Corporation (FHLMC, or Freddie Mac), and the Federal National Mortgage Association (FNMA, or Fannie Mae). ii. Standard A Government Mortgagee must meet the general approval requirements set forth below. iii. Activities Authorized Governmental Institutions may originate, underwrite, close, endorse, service, purchase, hold, or sell FHA-insured Mortgages. GSEs may purchase, service, hold, or sell FHA-insured Mortgages.
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