FHA Single Family Housing Policy Handbook 4000.1, Part V — e. Servicing Loan File Compliance Review (05/09/2022)
FHA Single Family Housing Policy Handbook 4000.1, Part V — e. Servicing Loan File Compliance Review (05/09/2022).
Verbatim regulatory text
Verbatim provisions from FHA Single Family Housing Policy Handbook 4000.1, Part V — e. Servicing Loan File Compliance Review (05/09/2022) — 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 — e. Servicing Loan File Compliance Review (05/09/2022)
e. Servicing Loan File Compliance Review (05/09/2022) i. Minimum Requirements Mortgagees must review all aspects of their servicing operations, including a review of subserviced Mortgages and activities as they relate to FHA-insured Mortgages, to guarantee that all FHA servicing and loss mitigation requirements are being met. At a minimum, Mortgagees must include the following elements in their QC review to ensure they meet the requirements outlined in the Servicing and Loss Mitigation and Claims and Disposition: Requirement Title II Review Title I Review Servicing Records ✓ ✓ Document Retention and Legibility ✓ ✓ Nondiscrimination Policies ✓ ✓ Borrower Requests, Compliance and Escalated Cases ✓ ✓ Fees ✓ ✓ Transfer of Servicing Notification and Records ✓ ✓ Documentation of Purchased or Acquired Mortgages ✓ ✓ Mortgage Record Changes ✓ ✓ Escrow Account Functions ✓ ✓ Force-placed Insurance ✓ ✓ V. QUALITY CONTROL, OVERSIGHT, AND COMPLIANCE A. Quality Control of Lenders and Mortgagees 3. Loan Level Quality Control Program Requirements Handbook 4000.1 1714 Last Revised: 11/26/2025 Requirement Title II Review Title I Review Prepayments ✓ ✓ MIP ✓ ✓ Early Default Intervention ✓ ✓ Loss Mitigation ✓ ✓ Collection Activities ✓ ✓ Reporting to Credit Repositories ✓ ✓ Home Retention Option Priority Order (Waterfall) ✓ Home Disposition Options ✓ Claims for Insurance Benefits ✓ ✓ Claims Without Conveyance of Title (CWCOT) ✓ Foreclosure Proceedings ✓ ✓ Property Preservation and Conveyance ✓ ✓ Deficiency Judgments ✓ ✓ Single Family Default Monitoring System (SFDMS) Reporting ✓ Adjustable Rate Mortgages (ARM) ✓ Assumptions ✓ ✓ Presidentially-Declared Major Disaster Areas (PDMDA) ✓ Hawaiian Home Land Mortgages (Section 247 Mortgages) ✓ Section 184 Indian Housing Loans ✓ Section 222 Mortgages ✓ Good Neighbor Next Door ✓ Servicemembers Civil Relief Act (SCRA) ✓ Section 235 Mortgages ✓ Section 203(k) Mortgages ✓ Servicing of HECM ✓