source:
  type: guide
  id: hud-4000-1-v-b-title-ii-mortgagee-monitoring-reviews
  authority: FHA Single Family Housing Policy Handbook 4000.1, Part V — b. Title II
    Mortgagee Monitoring Reviews (04/10/2025)
  description: FHA Single Family Housing Policy Handbook 4000.1, Part V — b. Title
    II Mortgagee Monitoring Reviews (04/10/2025).
  coverage_tier: operative
obligations:
- id: hud-4000-1-v-b-title-ii-mortgagee-monitoring-reviews-full
  canonical_id: hud-4000-1-v-b-title-ii-mortgagee-monitoring-reviews-full
  section: FHA Single Family Housing Policy Handbook 4000.1, Part V — b. Title II
    Mortgagee Monitoring Reviews (04/10/2025)
  type: do
  tags:
  - regulator-direct
  - fha
  - hud-handbook
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: FHA Single Family Housing Policy Handbook 4000.1, Part V — b. Title
      II Mortgagee Monitoring Reviews (04/10/2025)
    source_class: hud-handbook
    source_url: https://www.hud.gov/hud-partners/single-family-handbook-4000-1
    snapshot_id: 8c03836f77f317e1
    fetched_at: '2026-05-23T00:28:40Z'
    content_hash: sha256:411430f29b13f9b54a2ebb0e6f6e7087ecd2b90d0da22eb0c8c792eaa2d7d0df
    paragraph_quote: 'b. Title II Mortgagee Monitoring Reviews (04/10/2025) i. Notice
      FHA provides Mortgagees with notice prior to FHA monitoring reviews. Such notice
      may be transmitted via email to the Mortgagee’s administrative contact, which
      is described in the Doing Business with FHA section. The Mortgagee may access
      the Loan Review System (LRS) for detailed information about such monitoring
      reviews. V. QUALITY CONTROL, OVERSIGHT, AND COMPLIANCE C. Mortgagee Monitoring
      2. Institutional Mortgagee Monitoring Handbook 4000.1 1720 Last Revised: 11/26/2025
      ii. Production of Loan Files and Records Mortgagees must have the files requested
      by FHA available for review. The Mortgagee must provide all records related
      to the loans selected for review, including any and all files, whether hard
      copy or stored, in the Mortgagee’s systems that include data or information
      on the specific loans identified. iii. Scope FHA will, in its sole discretion,
      determine the scope of any monitoring review. FHA may conduct limited reviews
      of a Mortgagee’s origination, underwriting, and servicing of FHA-insured Single
      Family Mortgages, or more comprehensive reviews that include not just the Mortgagee’s
      files, records, and practices, but also the Mortgagee’s overall operations and
      policies with respect to Mortgagee relationships, quality control and risk management,
      escrow administration, wholesale Mortgages, and certain FHA product lines. iv.
      Findings At the conclusion of a monitoring review, FHA will document any identified
      Findings in the LRS and will specify the remedies and response that are required
      from the Mortgagee. For reviews of mortgages conducted as part of a monitoring
      review, results will be documented in accordance with the Title II Loan Reviews
      Findings section. Notwithstanding the standard process described above, FHA
      may refer any Finding for administrative or other enforcement action as described
      in Referrals for Noncompliance, with or without documenting Findings in the
      LRS.'
  judgment: false
