FHA Single Family Housing Policy Handbook 4000.1, Part IV — i. Mortgagee Response Procedures to HUD's Follow-Up Report (09/30/2016)
FHA Single Family Housing Policy Handbook 4000.1, Part IV — i. Mortgagee Response Procedures to HUD's Follow-Up Report (09/30/2016).
Verbatim regulatory text
Verbatim provisions from FHA Single Family Housing Policy Handbook 4000.1, Part IV — i. Mortgagee Response Procedures to HUD's Follow-Up Report (09/30/2016) — 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 IV — i. Mortgagee Response Procedures to HUD's Follow-Up Report (09/30/2016)
i. Mortgagee Response Procedures to HUD’s Follow-Up Report (09/30/2016) Within 21 Days from the date of the follow-up report, the Mortgagee may provide additional documentation that could affect the review results. If no additional documentation is provided within 21 Days, HUD will consider the report final and the potential liability identified will become the amount owed. If further documentation is submitted to refute the Findings in the follow-up report, HUD will review the documentation and issue a final report stating: • the revised Findings (if any); • any new Findings; and • that the review is being referred to the Albany Financial Operations Center (FOC) for enforced debt collection, if applicable.