Mortgagee Letters
Two New FHA Mortgagee Letters:
U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT WASHINGTON, DC 20410-8000
ASSISTANT SECRETARY FOR HOUSING FEDERAL HOUSING COMMISSIONER
March 8, 2010
MORTGAGEE LETTER 2010-08
TO: ALL APPROVED MORTGAGEES
ALL FHA ROSTER APPRAISERS PREPARING REO APPRAISALS
SUBJECT: HUD REO Appraisal Validity Period and Second Appraisals
This Mortgagee Letter (ML) announces the validity period for appraisals utilized to establish the listing price on HUD’s Real Estate Owned (REO) properties. In addition, this Mortgagee Letter also announces conditions for which a second appraisal may be ordered for purchasers of REO properties utilizing FHA financing…
U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT WASHINGTON, DC 20410-8000
ASSISTANT SECRETARY FOR HOUSING FEDERAL HOUSING COMMISSIONER
March 8, 2010
MORTGAGEE LETTER 2010-09
TO: ALL APPROVED MORTGAGEES
ATTENTION: SINGLE FAMILY SERVICING MANAGERS
SUBJECT: Tier Ranking Scores – Incentive Round 38
This Mortgagee Letter announces the FHA servicing lenders’ Tier Ranking Scores for Round 38. They were calculated using established criteria for HUD’s Tier Ranking System (TRS), based on activity during the Performance Period from October 1, 2008 through September 30, 2009. Tier Ranking Scores determine if a lender is eligible for additional incentives for calendar year 2010…
To read these mortgagee letters and any attachments in their entirety, please visit: http://www.hud.gov/offices/adm/hudclips/letters/mortgagee/ view the 2009 letters and click on the letter of your choice. Mortgagee Letters from previous years can be found on the same page.
