FHA Single Family Housing Policy Handbook 4000.1, Part III — b. Non-Incentivized Loan Modification Reporting (10/01/2025)
FHA Single Family Housing Policy Handbook 4000.1, Part III — b. Non-Incentivized Loan Modification Reporting (10/01/2025).
Verbatim regulatory text
Verbatim provisions from FHA Single Family Housing Policy Handbook 4000.1, Part III — b. Non-Incentivized Loan Modification Reporting (10/01/2025) — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
FHA Single Family Housing Policy Handbook 4000.1, Part III — b. Non-Incentivized Loan Modification Reporting (10/01/2025)
b. Non-Incentivized Loan Modification Reporting (10/01/2025) The Mortgagee must report the characteristics of all Loan Modifications for which no claim is filed in FHA Connection (FHAC) within 90 Days of the executed Loan Modification. These characteristics are the following: • Mortgage Amount – The amount of the modified Mortgage. • Interest Rate – The new interest rate for the modified Mortgage. • Agreement Date – This must be before the new first payment date and at least 90 Days from the last agreement date. It is recommended that the execution date is entered in this field. For instances in which this is not possible, the approval date may be used. • First Payment Date – The new first payment due date after the Mortgage was modified. • Maturity Date – The new maturity date for the modified Mortgage. III. SERVICING AND LOSS MITIGATION B. Title II Insured Housing Programs Reverse Mortgages 1. Servicing of FHA-Insured HECMs Handbook 4000.1 1442 Last Revised: 11/26/2025 B. TITLE II INSURED HOUSING PROGRAMS REVERSE MORTGAGES This section provides the standards and procedures applicable to the servicing of Home Equity Conversion Mortgages (HECM) insured under Section 255 of the National Housing Act. The Mortgagee must fully comply with all of the following standards and procedures when servicing a HECM insured by the Federal Housing Administration (FHA). 1. Servicing of FHA-Insured HECMs Only FHA-approved Mortgagees may service FHA-insured HECMs. Mortgagees may service HECMs they hold or that are held by other FHA-approved Mortgagees.