Special Attention of: Transmittal: All FHA-Approved ...

Special Attention of: All FHA-Approved Mortgagees All Direct Endorsement Underwriters All Eligible Submission Sources

for Condominium Project Approvals All FHA Roster Appraisers All FHA-Approved 203(k) Consultants All HUD-Approved Housing Counselors All HUD-Approved Nonprofit Organizations All Governmental Entity Participants All Real Estate Brokers All Closing Agents

Transmittal: Handbook 4000.1 Issued: November 9, 2021 Effective Date: May 9, 2022

1. This Transmits:

Handbook 4000.1, FHA Single Family Housing Policy Handbook, Title I content.

2. Explanation of Materials Transmitted:

This update to the FHA Single Family Housing Policy Handbook, or Handbook 4000.1, is to incorporate guidance for FHA's Title I program.

The following sections have been added to Handbook 4000.1: ? I.A.5.c Title I Programs ? I.A.10 Voluntary Withdrawal of Title I Lender Contract of Insurance ? I.B.1.b Chattel Appraisers (for Title I Loans) ? I.B.7 Title I Property Improvement Dealers ? I.B.8 Title I Manufactured Home Dealers ? II.E Title I Insured Programs ? II.F Appraiser and Property Requirements for Title I ? III.C Title I Insured Programs ? IV.C Title I Claims ? IV.D Title I Disposition ? V.A.3.c.ii(D) Title I Loan Disbursement ? V.B.5 Title I Dealers ? Property Improvement Loans ? V.B.6 Title I Dealers ? Manufactured Home Loans ? V.C.2.a Title I Lender Monitoring Reviews ? V.C.3.a Title I Loan Reviews ? V.E.3.a.vi Withdrawal of Title I Manufactured Housing Direct Endorsement Authority ? V.E.3.a.vii Termination of Title I Lender Contract of Insurance

Existing content in the following sections has been updated to incorporate Title I guidance: ? I.A FHA Lenders and Mortgagees ? V.A.2 Institutional Quality Control Program Requirements ? V.A.3 Loan Level Quality Control Program Requirements

3. Implementation:

These updates do not impact previously announced effective dates for Handbook 4000.1.

All new content may be implemented immediately, but must be implemented by May 9, 2022, except for the new content in Section II: Origination through Post-Closing/Endorsement, which may be implemented immediately, but must be implemented for loans closed on or after May 9, 2022.

4. Public Feedback

HUD welcomes feedback from interested parties for a period of 30 calendar days from the date of issuance. To provide feedback on this policy document, please send any feedback to the FHA Resource Center at answers@. HUD will consider the feedback in determining the need for future updates.

5. Superseded Policy:

Previous versions of Handbook 4000.1 are amended as described in this Transmittal. All previously superseded or canceled Mortgagee Letters, Housing Notices, Title I Letters and/or Handbooks remain canceled or superseded. All superseded or canceled policy documents will continue to be available for informational purposes only on HUD's website. Policy documents that have been superseded in full by the Handbook can always be found on HUD's Client Information Policy Systems (HUDCLIPS) web pages, accessible from the Single Family Housing Superseded Policy Documents page at .

Handbooks Superseded in Whole

Title I Property Improvement and Manufactured Home Loan Regulations, 24 CFR Parts 201 and 202 Title I Property Improvement Loan Operating Lender Approval Requirements Specified in 24 CFR Part 202 Title I Mobile Home Loan Operating

Number

1060.2 4700.1 4700.2 4710.1

Title I Letters Superseded in Whole FHA Consolidation of Title I and Title II Lender Identification Numbers Modifications to the Home Energy Retrofit Loan Pilot Program (FHA PowerSaver Pilot Program)

2

Number

TI-486 TI-485

Title I Letters Superseded in Whole

Change to Periodic (Annual) Insurance Premium Collection and Billing Process Implementation of Increased Maximum Loan Limits for Title I Manufactured Home Loans Transfer of HMDA Data Collection to Federal Reserve Board Electronic Payment of the Annual Recertification Fee and Downloading of the Yearly Verification Report via the FHA Connection FHA Connection for Title I Loan Reporting Changed text for the Notice to Borrower of HUD's Role in Title I Loans and Notice of Default and Acceleration Temporary Suspension of Authority to Insure Under Title I of the National Housing Act Temporary Suspension of Authority to Insure Under Title I of the National Housing Act Mandatory Electronic Submission of Financial Statement Package for Annual Lender Recertification Publication of Final Rule on November 7, 2001 Regarding: Strengthening the Title I Property Improvement and Manufactured Home Loan Reinstatement of General Insurance Endorsement Authority Temporary Suspension of Authority to Insure Under Title I of the National Housing Act Clarifications to the Title I Property Improvement Program FHA Connection Lender Approval Functions: Adding Branches, Maintaining Institution Data, and Determining Recertification Fees Consolidation of Title I Activities in the Financial Operations Center Change in Procedure to Notify Lenders About Special Title I Assistance to Victims in Presidentially Declared Major Disaster Areas Special Title I Assistance to Victims in Presidentially Declared Major Disaster Areas Special Title I Assistance to Victims in Presidentially Declared Major Disaster Areas Special Title I Assistance to Victims in Presidentially Declared Major Disaster Areas - California, New Mexico and Additional Counties Added Special Title I Assistance to Victims in Presidentially Declared Major Disaster Areas - North Carolina, Vermont, New Hampshire and an Additional County Lender List on the World Wide Web Special Title I Assistance to Victims in Presidentially Declared Major Disaster Areas - ME, TN, NY, FL, GU, & Northern Mariana Island Appraisals on Repossessed Manufactured Homes Classified as Personal Property Special Title I Assistance to Victims in Presidentially Declared Major Disaster Areas - Nebraska

Number TI-483

TI-480 TI-479 TI-478

TI-477 TI-476

TI-475

TI-474

TI-03-1

TI-473

TI-472 TI-471

TI-470 TI-469

TI-468 TI-467

TI-466

TI-465

TI-464

TI-463

TI-462 TI-461

TI-460

TI-459

3

Title I Letters Superseded in Whole

Special Title I Assistance to Victims in Presidentially Declared Major Disaster Areas - Minnesota Special Title I Assistance to Victims in Presidentially Declared Major Disaster Area - Colorado Special Title I Assistance to Victims in Presidentially Declared Major Disaster Areas - Alabama, Vermont, Washington State and Michigan Special Title I Assistance to Victims in Presidentially Declared Major Disaster Areas - Mississippi Special Title I Assistance to Victims in Presidentially Declared Major Disaster Areas - Texas and Wisconsin Planned Reform of the Property Improvement Loan Program Mandate for Electronic Funds Transfer (EFT) for Title I Claims Major Disaster Areas - Additional Counties added to the Previous Disaster Declarations for Minnesota Special Title I Assistance to Victims in Presidentially Declared Major Disaster Areas - Arkansas Declared Major Disaster Areas - Minnesota, North Dakota, South Dakota, Washington State and Tennessee Deceptive Advertising By Dealer/Contractors And Lenders Reporting Noncompliance Activities Special Title I Assistance to Victims in Presidentially Declared Major Disaster Areas - Illinois Special Title I Assistance to Victims in Presidentially Declared Major Disaster Areas-Indiana, Tennessee, West Virginia and additional counties Special Title I Assistance to Victims in Presidentially Declared Major Disaster Areas - Arkansas, Kentucky and Ohio Special Title I Assistance to Victims in Presidentially Declared Major Disaster Areas - Nevada, Idaho, California, South Dakota, North Dakota, Minnesota, Washington, and Oregon Recent Changes in Lender Approval for Title I and Title II Lockbox Closes For Title Insurance Premiums Inspection Fees Revised Fees And Charges For Title I Property Improvement Eligible Fees And Charges For Title I Property Improvement And Manufactured Home Loans Extensive Changes To The Property Improvement And Manufactured Home Loan Regulations First Title I Showcase Award Made To The Philadelphia Home Improvement Loan Program Appraisals Of Manufactured Homes And Lots Waiver Of The Title I Regulations To Assist Victims Of Hurricanes Marilyn And Opal Revised Title I Lender Approval Handbook

Number TI-458

TI-457

TI-456

TI-455

TI-454

TI-453 TI-452 TI-451

TI-450

TI-449

TI-448 TI-447 TI-446

TI-445

TI-444

TI-443

TI-442 TI-441 TI-440-S2 TI-440-S TI-440

TI-439

TI-438

TI-437 TI-436

TI-435

4

Title I Letters Superseded in Whole

Deceive Advertising By Lenders And Dealers Title I Showcase Program Automated Clearing House (ACH) Program For Paying Title I Insurance Charges Changes To Encourage Greater Lender Participation In The Title I Loan Insurance Programs Home Mortgage Disclosure Act (HMDA) Update Changes in the Property Improvement Loan Program and Title I Lender Approval Requirements Major Changes in the Title I Property Improvement and Manufactured Home Loan Programs Extension of Equity Waiver to Multifamily Properties Affected by the California Earthquake Waiver of Selected Title I Regulations to Benefit the Victims of the California Earthquake Termination of Toll-Free Telephone Service for Title I Lenders Expansion of Credit Alert Interactive Voice Response System (CAIVRS) Increased Maximum Loan Amounts for Title I Manufactured Home Loans Relocation of the Title I Accounting and Servicing Division Relocation of the Title I Insurance Division Revised Title I Regulations Handbook Waiver of the Title I Regulations to Benefit Victims of Hurricanes Andrew and Iniki Increased Maximum Loan Amounts and Loan Terms for Title I Property Improvement Loans Change of Notification of Annual Recertification Procedures Reprocessing Fees for Supplemental Claims Revised Forms Available from Government Printing Office Equity Requirement for Property Improvement Loans In Excess of $15,000 Verification of Borrower's Social Security Number Notice to the Borrower of HUD's Role in Title I Loans Implementation of Title I Program Reforms Clarification of Requirements for Payment of Title I Loan Insurance Charges Procedures for Appeal of a Claim Denial or Request for a Waiver of Noncompliance Imposition of Civil Money Penalties Against Title I Lenders, Dealers and Loan Correspondents Under the Department of HUD Reform Act of 1989 Required Statement to be Included in Notices of Default and Acceleration Title I Express Telephone Service Proposed Reform of the Title I Program Prohibition on the Use of Loan Brokers in the Title I Program Home Mortgage Disclosure Act Reporting Requirements

Number

TI-434 TI-433 TI-432

TI-431

TI-430 TI-429

TI-428

TI-427S

TI-427

TI-426 TI-425 TI-424 TI-423 TI-422 TI-421 TI-420

TI-419

TI-418 TI-417 TI-416 TI-415 TI-414 TI-413 TI-412 TI-411 TI-410

TI-409

TI-408 TI-407 TI-406 TI-405 TI-404

5

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