In order for a Mortgagee to service FHA-insured Mortgages after it has received FHA Mortgagee approval, a Mortgagee must submit a Change Request through the Lender Electronic Assessment Portal (LEAP) to FHA. With its Change Request, the Mortgagee must:
FHA evaluates these requests on a case-by-case basis and reserves the right to request additional documents necessary to determine the Mortgagee’s servicing capabilities.
For more information refer to the LEAP User Manual located at: https://www.hud.gov/program_offices/housing/sfh/lender/SFH_Lenders_LEAP
Handbook 4000.1 I.A.7.l and a is available at: https://www.hud.gov/program_offices/administration/hudclips/handbooks/hsgh
- designate an Officer in Charge who meets the experience requirements for the Mortgagee’s servicing function;
- provide a resume for the Officer in Charge;
- provide a credit report for the Officer in Charge; and
- provide an updated QC Plan.
FHA evaluates these requests on a case-by-case basis and reserves the right to request additional documents necessary to determine the Mortgagee’s servicing capabilities.
For more information refer to the LEAP User Manual located at: https://www.hud.gov/program_offices/housing/sfh/lender/SFH_Lenders_LEAP
Handbook 4000.1 I.A.7.l and a is available at: https://www.hud.gov/program_offices/administration/hudclips/handbooks/hsgh