FHA is currently developing a new Single Family Housing Policy Handbook. This new Handbook will gather several policies derived from previous handbooks, Mortgagee Letters, Housing Notices, and consolidate them into a single source, authoritative reference for FHA Single Family Housing Policy.
FHA states that its goals for the new handbook are for it to:
· Be a single, reliable source of policy
· Use clear, consistent, simple, more direct language
· Align the flow of the SF Handbook to the mortgage process and
· Make it easier to understand and implement policy changes
The handbook is being developed in phases, and feedback is being requested at every stage of the process. The current draft of this handbook, posted on October 29, 2013, covers the Application through Endorsement process for Title II forward mortgages.
Click here to visit the “Drafting” Table site where current and upcoming drafts of Handbook sections will be posted. You can leave feedback on this site by downloading a “Response Worksheet” under the Give us Feedback section on the middle right hand side of the page.
For more information, contact us: