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Mortgagee Conveying to HUD
MCB is proud to announce that it has been awarded the nationwide Mortgagee Compliance Manager (MCM) contract from the U.S. Department of Housing and Urban Development. MCB will be responsible for pre-and-post conveyance activities including, but not limited to, review of overallowable requests, extensions of time requests, claims reviews, title package reviews and approvals, and ensuring properties are conveyed to HUD in accordance with FHA standards. For additional please select the following link: http://www.hud.gov/offices/hsg/sfh/nsc/mcm.cfm.
The MCM Update is one way MCB intends to reach out and provide news, information, and tips on how Mortgagees can avoid the issues that can cause delays in processing property conveyance to HUD. Our communication goal is to help Mortgagees improve the way requests are submitted, not only increasing the opportunity for approvals, but receiving the decision more quickly.
For suggestions on topics you would find useful, or general questions related to mortgagee compliance requests, please e-mail mcm-info@mcbreo.com
Helpful Links for
Lenders:
HUD.gov
HUD
Lender Page
HUD Clips
Mortgagee Letter 00-27
Mortgagee Letter 05-48
Housing Notice 06-12H
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