Title
I Servicing Menu |
Menu Option |
Description |
Bill
Download |
Allows the lender
to view their current premium charges billing report (a.k.a. loan
statement). The billing report is available for viewing online from
the FHA Connection or downloading (copying) to your computer system. |
Claim
Inquiry |
Allows the lender
to obtain information concerning Title I claim payments, claim denials,
and/or claims that are currently in process. |
Loan Data Changes
(Schedule 3) |
Used by FHA
Title I lenders and/or service bureaus to notify HUD's Title
I Financial Operations Center (FOC) in Albany, New York of updates
to loan data information on Title I Manufactured Housing or Property
Improvement loans. |
Paid Claim Servicing
Information |
Provides contact information
for the Asset Recovery Division of the FOC
which is responsible for management of the nationwide portfolio
of defaulted Title I property improvement and manufactured home
loans for which claims were paid. |
Service Bureau Authorization |
Lending institutions that
choose to use the financial services of HUD-approved service bureaus
for their loans must authorize the service bureau(s) to perform
servicing tasks on the FHA Connection. The Service Bureau Authorization
function allows the lender's Application Coordinator(s) to select
an approved service bureau to access the appropriate Title I functions,
e.g., Report Single Loans or Report Multiple Loans. See Service Bureau Administration [PDF] for additional information.
Note: Service bureaus are organizations
contracted by lending institutions to provide financial services
for their loans. Service bureaus access the FHA Connection to perform
servicing tasks designated by the lender(s) with which they are
associated. |
|
Title I Letters |
Links to a listing of Title
I letters issued by HUD. The Title I letters are used to inform
lenders and other interested groups about FHA operations, policies,
procedures, and changes related to the Title I Loan Program. |
Title I Newsletters |
Links to a listing of Title
I quarterly newsletters issued by HUD's Title I FOC. This is
used to inform Title I approved lenders and other interested
groups about Title I Property Improvement and Manufactured Housing
information. |
Annual Payment Exceptions |
Used by lenders, prior to
submitting an annual Title I insurance premium payment, to identify
specific cases for which all or part of the annual payment due
will not be included. |
Submit Annual Payment |
Used by lenders to electronically
submit their annual Title I payment for a specified billing statement
date. The payment amount is automatically calculated based on
the monthly bill amount and total amount of exceptions recorded. |
Annual Payment History |
Allows a lender
to view a list of their annual Title I payments previously submitted
and to select a specific payment from that list for a case-level
breakdown of the payment. |
Annual Premium Payment Query |
Provides a list
of annual Title I premium payments submitted to HUD during a
specified period of time for a specific lender or all lenders. |
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