FHA Single Family Housing Policy Handbook 4000.1, Part V — a. Purpose of Quality Control Program (09/14/2015)
FHA Single Family Housing Policy Handbook 4000.1, Part V — a. Purpose of Quality Control Program (09/14/2015).
Verbatim regulatory text
Verbatim provisions from FHA Single Family Housing Policy Handbook 4000.1, Part V — a. Purpose of Quality Control Program (09/14/2015) — 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 V — a. Purpose of Quality Control Program (09/14/2015)
a. Purpose of Quality Control Program (09/14/2015) Quality Control (QC) Programs must be designed to: • ensure compliance with FHA and Mortgagee policy and guidelines related to FHA Loan Administration; • protect FHA and the Mortgagee from unacceptable risk; • guard against errors, omissions, negligence, and fraud from those involved in the Mortgagee’s Loan Administration; • determine the root cause of any deficiencies and identify potential internal and external control weaknesses; • alert Mortgagee management to patterns of deficiencies with respect to mortgage process and personnel; • ensure timely and appropriate corrective action; • ensure the existence of required documentation (e.g., credit, loan, and appraisal information) that is the basis of underwriting and servicing decisions; • ensure Mortgages are secured by properties with values sufficient to support the Mortgage; and • ensure compliance with fair lending laws, including the Fair Housing Act and the Equal Credit Opportunity Act (ECOA). V. QUALITY CONTROL, OVERSIGHT, AND COMPLIANCE A. Quality Control of Lenders and Mortgagees 1. Quality Control Program Overview Handbook 4000.1 1693 Last Revised: 11/26/2025