HUD Seeks Comments on Streamline Refinance Provisions
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A Proposed Rule by the
Publication Date:
Agency:
Entry Type: Proposed Rule
Action: Solicitation of comment.
Document Citation: 79 FR 61020
Page: 61020 -61021 (2 pages)
CFR: 24 CFR chapter undef
Agency/Docket Number: Docket No. FR-5817-N-01
Document Number: 2014-24069
Shorter URL: https://federalregister.gov/a/2014-24069
Action
Solicitation Of Comment.
Summary
On
DATES:
Comment Due Date:
ADDRESSES:
Interested persons are invited to submit comments regarding this document to the Regulations Division,
1. Submission of Comments by Mail. Comments may be submitted by mail to the Regulations Division,
2. Electronic Submission of Comments. Interested persons may submit comments electronically through the Federal eRulemaking Portal at www.regulations.gov. HUD strongly encourages commenters to submit comments electronically. Electronic submission of comments allows the commenter maximum time to prepare and submit a comment, ensures timely receipt by HUD, and enables HUD to make them immediately available to the public. Comments submitted electronically through the www.regulations.gov Web site can be viewed by other commenters and interested members of the public. Commenters should follow the instructions provided on that site to submit comments electronically.
Note:
To receive consideration as public comments, comments must be submitted through one of the two methods specified above. Again, all submissions must refer to the docket number and title of the document.
No Facsimile Comments. Facsimile (FAX) comments are not acceptable.
Public Inspection of Public Comments. All properly submitted comments and communications submitted to HUD will be available for public inspection and copying
FOR FURTHER INFORMATION CONTACT:
SUPPLEMENTARY INFORMATION:
Payment history standards related to streamline refinances are currently found in Handbook HUD 4155.1, entitled Mortgage Credit Analysis for
In an effort to ease program implementation and reduce burden on lenders, servicers, borrowers, and interested members of the public, FHA, as noted in the Summary of this document, is consolidating and reorganizing its guidance into a new, comprehensive FHA Single Family Housing Policy Handbook (Handbook), which, once effective, will supersede all mortgagee letters and prior handbook provisions whose content has been incorporated into the Handbook. This consolidation and reorganization alleviates unnecessary burdens on lenders, servicers, and borrowers who have had to keep track of individual policy changes published in individual mortgagee letters, and gives all interested parties one place to find important program requirements.
The Handbook section for Title II Insured Housing Programs Forward Mortgages--Origination through Post-Closing/Endorsement was issued on
Given the significant transition period that FHA is providing between the posting of the Handbook and the effective date of the Handbook, FHA does not anticipate having to change the effective date as a result of any changes that may be made to the streamline refinance section of the Handbook.
Dated:
Assistant Secretary for Housing--Federal Housing Commissioner.
[FR Doc. 2014-24069 Filed 10-8-14;
BILLING CODE 4210-67-P
[*Federal RegisterVJ 2014-10-09]
For more information about
TNS 22VistaJ-141009 gv-1178610
Copyright: | (c) 2014 Targeted News Service |
Wordcount: | 1077 |
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