The Mortgagee must:
- include a cover letter signed by a Corporate Officer summarizing the business change(s); and
- submit any required documents as specified in Handbook 4000.1 I.A.3.c or as described in the LEAP User Manual.
Before approving the change, FHA may require the Mortgagee to submit interim financial reports to ensure the Mortgagee’s next annual renewal financial reports cover no more than 18 months.
For more information refer to the LEAP User Manual that can be accessed using the LEAP Information link in the Approvals & Renewals section at: https://www.hud.gov/program_offices/housing/sfh/lender/
Handbook 4000.1 I.A.7.a. and m. is available at: https://www.hud.gov/program_offices/administration/hudclips/handbooks/hsgh