When obtaining a new FHA-insured mortgage who must be screened through the Credit Alert Verification Reporting System (CAIVRS)?

Mortgagees (Lenders) must check all Borrowers including nonprofits acting as a borrower, against the Credit Alert Verification Reporting System (CAIVRS) except on Streamline Refinances.
 
For additional information see Handbook 4000.1 II.A.1.b.ii(A)(10); II.A.5.d.xii(B)(2); II.A.8.d.vi(C)(1) available at https://www.hud.gov/program_offices/administration/hudclips/handbooks/hsgh

All policy information contained in this knowledge base article is based upon the referenced HUD policy document. Any lending or insuring decisions should adhere to the specific information contained in that underlying policy document.


Topic Number: KA-02352