FHA Single Family Housing Policy Handbook 4000.1, Part V — d. Monitoring of Secondary Financing Program Participants (03/14/2016)

hud-4000-1-v-d-monitoring-of-secondary-financing-program-participants

FHA Single Family Housing Policy Handbook 4000.1, Part V — d. Monitoring of Secondary Financing Program Participants (03/14/2016).

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  authority: FHA Single Family Housing Policy Handbook 4000.1, Part V — d. Monitoring of Secondary Financing Program Participants (03/14/2016)
  description: FHA Single Family Housing Policy Handbook 4000.1, Part V — d. Monitoring of Secondary Financing Program Participants (03/14/2016).
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    section: FHA Single Family Housing Policy Handbook 4000.1, Part V — d. Monitoring of Secondary Financing Program Participants (03/14/2016)
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    cadence: ''
    consequence: ''
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      authority: FHA Single Family Housing Policy Handbook 4000.1, Part V — d. Monitoring of Secondary Financing Program Participants (03/14/2016)
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      source_url: https://www.hud.gov/hud-partners/single-family-handbook-4000-1
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      paragraph_quote: d. Monitoring of Secondary Financing Program Participants (03/14/2016) FHA will review second lien performance. HUD-approved Nonprofit Mortgagees must identify second liens and their performance. Additional Documentation Required for Review Upon request, the Governmental Entity or nonprofit must provide copies of fully executed Closing Disclosures or similar legal documents, and recorded secondary financing documents. V. QUALITY CONTROL, OVERSIGHT, AND COMPLIANCE D. Monitoring of Other Participants

Verbatim regulatory text (1)

Verbatim provisions from FHA Single Family Housing Policy Handbook 4000.1, Part V — d. Monitoring of Secondary Financing Program Participants (03/14/2016) — 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 V — d. Monitoring of Secondary Financing Program Participants (03/14/2016)

d. Monitoring of Secondary Financing Program Participants (03/14/2016) FHA will review second lien performance. HUD-approved Nonprofit Mortgagees must identify second liens and their performance. Additional Documentation Required for Review Upon request, the Governmental Entity or nonprofit must provide copies of fully executed Closing Disclosures or similar legal documents, and recorded secondary financing documents. V. QUALITY CONTROL, OVERSIGHT, AND COMPLIANCE D. Monitoring of Other Participants

Source: FHA Single Family Housing Policy Handbook 4000.1, Part V — d. Monitoring of Secondary Financing Program Participants (03/14/2016) · source URL · snapshot 8c03836f77f317e1