FHA Single Family Housing Policy Handbook 4000.1, Part III

hud-4000-1-iii-s-non-conveyance-foreclosure

HUD effective date: 03/31/2022 · section III.A.2 · Handbook 4000.1

FHA Single Family Housing Policy Handbook 4000.1, Part III — s. Non-conveyance Foreclosure (03/31/2022).

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Verbatim regulatory text (1)

Verbatim provisions from FHA Single Family Housing Policy Handbook 4000.1, Part III — 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 — s. Non-conveyance Foreclosure (03/31/2022)

Effective 2022-03-31 · publisher's stamp for this provision

s. Non-conveyance Foreclosure (03/31/2022) The Mortgagee may elect not to convey the Property to HUD after foreclosure and to terminate the contract of mortgage insurance. The Property may be acquired by the Mortgagee or by a third party at a foreclosure sale, or may be redeemed after foreclosure and no insurance claim will be made to HUD. For non-conveyance foreclosures, the Mortgagee must use form HUD-27050-A and select Non-Conveyance Foreclosure (Term Type 13) in FHAC to notify HUD.

Source: FHA Single Family Housing Policy Handbook 4000.1, Update 18 (issued 2026-08-12) · source URL · snapshot e1bca3432cf19e09

Operationalizing FHA Single Family Housing Policy Handbook 4000.1, Part III

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