13-25: NOTICE TO FIELD OFFICE OF INTENT TO ASSIGN (09/94)

© HUD Single Family Housing Policy Handbook 4330.1 REV-5

The mortgagee must notify the Field Office having jurisdiction over the property when it is preparing to assign the mortgage to HUD and file a claim for insurance benefits. The Field Office must be notified at least 30 days but not more than 60 days, prior to the anticipated date of recording the assignment to HUD. When the mortgagee notifies HUD of its intent to assign the mortgage, it must submit the following:

A. The mortgagor's name, address, and FHA case number;

B. The mortgagor's checking or savings account number, name of financial institution, and any other necessary EFT information, if applicable;

C. The mortgagor's current payment plan, including the payment plan change that may have caused the assignment and any unscheduled payment to be made by HUD within five days;

D. The required withholding for taxes, if applicable, type and amount of any funds set aside, and any other responsibilities previously performed by the mortgagee;

E. A copy of the notice to the mortgagor concerning the assignment of the mortgage to HUD and including the anticipated date of recording the assignment;

F. A payment history for the mortgage which shows all payments made by the mortgagee throughout the loan.

G. Evidence of the mortgagee's most recent determination that the property is the principal residence of at least one mortgagor;

H. The title package on the property for the Field Office to review.