FHA Single Family Housing Policy Handbook 4000.1, Part III — s. Non-conveyance Foreclosure (03/31/2022)

hud-4000-1-iii-s-non-conveyance-foreclosure

FHA Single Family Housing Policy Handbook 4000.1, Part III — s. Non-conveyance Foreclosure (03/31/2022).

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  authority: FHA Single Family Housing Policy Handbook 4000.1, Part III — s. Non-conveyance Foreclosure (03/31/2022)
  description: FHA Single Family Housing Policy Handbook 4000.1, Part III — s. Non-conveyance Foreclosure (03/31/2022).
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    section: FHA Single Family Housing Policy Handbook 4000.1, Part III — s. Non-conveyance Foreclosure (03/31/2022)
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      authority: FHA Single Family Housing Policy Handbook 4000.1, Part III — s. Non-conveyance Foreclosure (03/31/2022)
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      paragraph_quote: 's. Non-conveyance Foreclosure (03/31/2022) The Mortgagee may elect not to convey the Property to HUD after foreclosure and to terminate the contract of mortgage insurance. The Property may be acquired by the Mortgagee or by a third party at a foreclosure sale, or may be redeemed after foreclosure and no insurance claim will be made to HUD. For non-conveyance foreclosures, the Mortgagee must use form HUD-27050-A and select Non-Conveyance Foreclosure (Term Type 13) in FHAC to notify HUD. III. SERVICING AND LOSS MITIGATION A. Title II Insured Housing Programs Forward Mortgages 2. Default Servicing Handbook 4000.1 1338 Last Revised: 11/26/2025'

Verbatim regulatory text (1)

Verbatim provisions from FHA Single Family Housing Policy Handbook 4000.1, Part III — s. Non-conveyance Foreclosure (03/31/2022) — 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 III — s. Non-conveyance Foreclosure (03/31/2022)

s. Non-conveyance Foreclosure (03/31/2022) The Mortgagee may elect not to convey the Property to HUD after foreclosure and to terminate the contract of mortgage insurance. The Property may be acquired by the Mortgagee or by a third party at a foreclosure sale, or may be redeemed after foreclosure and no insurance claim will be made to HUD. For non-conveyance foreclosures, the Mortgagee must use form HUD-27050-A and select Non-Conveyance Foreclosure (Term Type 13) in FHAC to notify HUD. III. SERVICING AND LOSS MITIGATION A. Title II Insured Housing Programs Forward Mortgages 2. Default Servicing Handbook 4000.1 1338 Last Revised: 11/26/2025

Source: FHA Single Family Housing Policy Handbook 4000.1, Part III — s. Non-conveyance Foreclosure (03/31/2022) · source URL · snapshot 8c03836f77f317e1