BARRY RAMSEY – DIRECTOR OF RURAL HOUSING …



Q&A April, 2001

BARRY RAMSEY – DIRECTOR OF RURAL HOUSING PROGRAMS

SFH

1. How do you get a new (up-dated Borrower List of DLOS #’s?)

Constructions #s & Permanent #s can be obtained by contacting the ACH Department at CSC

(314)206-2060 option 3. A new series of numbers and instructions will be provided. Refer to

DLOS training manual, loan parameters chapter - p.16.

2. On rescission loans, do we use the actual shipping date on the Transmittal of Closing Documents or do we use the actual closing date on everything? Does it matter?

All documents must be dated on the closing date (the date the documents are signed).

Form 3550-19, Transmittal Closing Documents will identify the block "RECISSION LOAN"

and be held by the closing agent for 3 business days. Recission loans will be activated in

Fasteller within 4 business days of closing (not 3) and received by CSC within 6 business days

of closing (not 5). Refer to the Deputy Administrator - SFH unnumbered letter dated 12/22/00.

3. Are we required to attach appraiser certification forms to appraisals? Something was mentioned about it in NASP December board meeting minutes.

Appraisals completed by CDMs/CDSs with appraisal authority must have the required

attachments with form 1922-8 (authorized by IL Inst. 1922-CA for transactions ................
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