FHA Single Family Housing Policy Handbook 4000.1, I. > DOING BUSINESS WITH FHA > A. FHA Lenders and Mortgagees (09/20/2021) > 2. Types of Approved Mortgagees — d. Investing Mortgagee

hud-4000-1-i-d-investing-mortgagee

HUD effective date: 06/20/2024 · section I.A.2 · Handbook 4000.1

FHA Single Family Housing Policy Handbook 4000.1, Part I — d. Investing Mortgagee (06/20/2024).

Get this register: .xlsx .csv More bundles →

source:
  type: guide
  id: hud-4000-1-i-d-investing-mortgagee
  authority: FHA Single Family Housing Policy Handbook 4000.1, I. > DOING BUSINESS WITH FHA > A. FHA Lenders and Mortgagees (09/20/2021) > 2. Types of Approved Mortgagees — d. Investing Mortgagee
  description: FHA Single Family Housing Policy Handbook 4000.1, Part I — d. Investing Mortgagee (06/20/2024).
  coverage_tier: operative
  effective_date: '2024-06-20'
  source_url: https://www.hud.gov/sites/default/files/Housing/documents/40001-hsgh-Update-18.pdf
  section_path: I. > DOING BUSINESS WITH FHA > A. FHA Lenders and Mortgagees (09/20/2021) > 2. Types of Approved Mortgagees
  program: cross-program
  source_page: 29
obligations:
  - id: hud-4000-1-i-d-investing-mortgagee-full
    canonical_id: hud-4000-1-i-d-investing-mortgagee-full
    section: FHA Single Family Housing Policy Handbook 4000.1, Part I — d. Investing Mortgagee (06/20/2024)
    description: 'd. Investing Mortgagee (06/20/2024) i. Definition An Investing Mortgagee is an organization that invests funds under its own control and is not approved as a Supervised Mortgagee, a Nonsupervised Mortgagee, or a Government Mortgagee. ii. Standard An Investing Mortgagee must meet the general approval requirements set forth below and: • have staff capable of managing the Mortgagee’s activities relating to its FHA- insu'
    type: do
    audit_question: ''
    program_review: ''
    file_review: ''
    judgment: false
    feeds: []
    workflow_phase: ''
    owner_role: ''
    secondary_owner_role: ''
    cadence: ''
    consequence: ''
    tags:
      - regulator-direct
      - fha
      - hud-handbook
      - corpus-expansion
      - tier-operative
    primary_source:
      tier: 1
      authority: FHA Single Family Housing Policy Handbook 4000.1, Update 18 (issued 2026-08-12)
      source_class: hud-handbook-4000-1
      source_url: https://www.hud.gov/sites/default/files/Housing/documents/40001-hsgh-Update-18.pdf
      snapshot_id: e1bca3432cf19e09
      fetched_at: '2026-05-23T00:28:40Z'
      content_hash: sha256:e1bca3432cf19e097b7f466dddb2837d8a3393d7fb1f6a711f0eaf818b313e02
      paragraph_quote: |-
        d. Investing Mortgagee (06/20/2024) 
        i. Definition 
        An Investing Mortgagee is an organization that invests funds under its own control and is 
        not approved as a Supervised Mortgagee, a Nonsupervised Mortgagee, or a Government 
        Mortgagee. 
        ii. Standard 
        An Investing Mortgagee must meet the general approval requirements set forth below 
        and: 
        • have staff capable of managing the Mortgagee’s activities relating to its FHA-
        insured Mortgages; 
        • have an acceptable Business Form; 
        • demonstrate Creditworthiness; and 
        • have an acceptable Funding Program. 
        iii. Activities Authorized 
        An Investing Mortgagee may purchase, hold, or sell FHA-insured Mortgages. An 
        Investing Mortgagee may only service FHA-insured Mortgages if it receives prior 
        approval. 
        iv. Activities Not Authorized 
        An Investing Mortgagee may not originate, underwrite, or close FHA-insured Mortgages 
        in its own name or submit applications for FHA mortgage insurance. 
      drafter_attestation: Verbatim contiguous span of Handbook 4000.1 Update 18 covering 1 section(s) from "d. Investing Mortgagee" (p29) to "d. Investing Mortgagee" (p29); verified against snapshot e1bca3432cf19e09 on 2026-08-23.
      tail_furniture_removed: true
      midtext_furniture_removed: true
      effective_date: '2024-06-20'
      effective_date_source: citation:section
      verbatim_gate: section-boundary-contiguous
      reverified_at: '2026-08-23'
      refit_from_sections:
        - title: d. Investing Mortgagee
          effective: '2024-06-20'
          page: 29
      section_path: I. > DOING BUSINESS WITH FHA > A. FHA Lenders and Mortgagees (09/20/2021) > 2. Types of Approved Mortgagees
    effective_date: '2024-06-20'

Verbatim regulatory text (1)

Verbatim provisions from FHA Single Family Housing Policy Handbook 4000.1, I. > DOING BUSINESS WITH FHA > A. FHA Lenders and Mortgagees (09/20/2021) > 2. Types of Approved Mortgagees — d. Investing 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 — d. Investing Mortgagee (06/20/2024)

Effective 2024-06-20 · publisher's stamp for this provision

d. Investing Mortgagee (06/20/2024) i. Definition An Investing Mortgagee is an organization that invests funds under its own control and is not approved as a Supervised Mortgagee, a Nonsupervised Mortgagee, or a Government Mortgagee. ii. Standard An Investing Mortgagee must meet the general approval requirements set forth below and: • have staff capable of managing the Mortgagee’s activities relating to its FHA- insured Mortgages; • have an acceptable Business Form; • demonstrate Creditworthiness; and • have an acceptable Funding Program. iii. Activities Authorized An Investing Mortgagee may purchase, hold, or sell FHA-insured Mortgages. An Investing Mortgagee may only service FHA-insured Mortgages if it receives prior approval. iv. Activities Not Authorized An Investing Mortgagee may not originate, underwrite, or close FHA-insured Mortgages in its own name or submit applications for FHA mortgage insurance.

Source: FHA Single Family Housing Policy Handbook 4000.1, Update 18 (issued 2026-08-12) · source URL · snapshot e1bca3432cf19e09

Did an assistant just answer an FHA question for you? Retired 4000.1 text reads exactly like current text. Ask an assistant an FHA question and it will often answer from an old edition, confidently, without telling you which one. This page is the operative text, with its effective date.

Check the answer, or check a whole file. Paste into ChatGPT or Claude:

1. Read https://claudeforcompliance.com/qc/hud-4000-1-i-d-investing-mortgagee — the verbatim text of this section with its effective date. Tell me whether the answer you just gave me still matches it. Quote the operative text and its effective date, and flag anything you said that it does not support.

2. Then, if I upload my FHA loan file, fetch https://claudeforcompliance.com/skills/fha-underwriting-qc/SKILL.md and run a pre-fund QC check against it.

Your loan file never leaves your own AI session. FHA pre-fund QC skill

Operationalizing FHA Single Family Housing Policy Handbook 4000.1, I. > DOING BUSINESS WITH FHA > A. FHA Lenders and Mortgagees (09/20/2021) > 2. Types of Approved Mortgagees — d. Investing Mortgagee

This is verbatim, source-snapshotted regulator text from the Claude for Compliance open corpus. To turn a rule like this into compliance work product: gap-analyze your policies and procedures (P&Ps) against these requirements to surface stale, conflicting, or missing provisions; operationalize any change with a ready-to-run update kit; and produce audit-ready evidence — every step grounded only in the regulator’s own words, never invented.

To work from the whole rulebook rather than this one page: download the corpus — every register on this site, verbatim, each with its source snapshot and effective date — then follow the methodology. It asks your assistant to answer only from the downloaded text, cite the register id and effective date it used, and tell you when the corpus does not cover something instead of filling the gap from memory. Running it locally also means no one sees which regulations you are looking at.

Source of record: https://claudeforcompliance.com/regs/hud-4000-1-i-d-investing-mortgagee/ · register hud-4000-1-i-d-investing-mortgagee · Claude for Compliance. Free to read and download; see regulatory updates and methodology.