Mortgagees may utilize an Independent Third-Party Provider to conduct the foreclosure sale and market a Property (securing an FHA-insured Mortgage) prior to such sale, where permitted by jurisdiction.
The Mortgagee must ensure that the Independent Third-Party Provider is not one of the following:
- an affiliate or subsidiary of the mortgagee;
- any entity over which the mortgagee has significant influence; or
- any entity with which the mortgagee has a conflict of interest in fact or appearance.
Additional questions may be directed to the HUD National Servicing Center at (877) 622-8525.
HUD’s Independent third-party providers standard is located in Handbook 4000.1, Section III.A.2.p.iv.(A)-(B) available at: