source:
  type: guide
  id: hud-4000-1-v-b-loan-sample-risk-assessment
  authority: FHA Single Family Housing Policy Handbook 4000.1, Part V — b. Loan Sample
    Risk Assessment (09/14/2015)
  description: FHA Single Family Housing Policy Handbook 4000.1, Part V — b. Loan
    Sample Risk Assessment (09/14/2015).
  coverage_tier: operative
obligations:
- id: hud-4000-1-v-b-loan-sample-risk-assessment-full
  canonical_id: hud-4000-1-v-b-loan-sample-risk-assessment-full
  section: FHA Single Family Housing Policy Handbook 4000.1, Part V — b. Loan Sample
    Risk Assessment (09/14/2015)
  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. Loan
      Sample Risk Assessment (09/14/2015)
    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. Loan Sample Risk Assessment (09/14/2015) i. Definition A
      Loan Sample Risk Assessment is a method of evaluating loans selected for QC
      on the basis of the severity of the violations found during QC reviews. ii.
      Standard Mortgagees must establish a Loan Sample Risk Assessment methodology.
      At a minimum, the methodology must include the categories of risk described
      below. The Mortgagee must compare one month’s QC sample to previous QC samples
      in order to conduct trend analysis. V. QUALITY CONTROL, OVERSIGHT, AND COMPLIANCE
      A. Quality Control of Lenders and Mortgagees 3. Loan Level Quality Control Program
      Requirements Handbook 4000.1 1708 Last Revised: 11/26/2025 iii. Risk Categories
      (A) Low Risk No issues or minor variances were identified with the origination,
      underwriting, or servicing of the Mortgage. (B) Moderate Risk The records contained
      unresolved questions or missing documentation. Issues were identified pertaining
      to processing, documentation, or decisions made during Loan Administration,
      but none were material. Failure to resolve these issues created a moderate risk
      to the Mortgagee and to FHA. (C) Material Risk The issues identified during
      the review contained Material Findings which represent an unacceptable level
      of risk. iv. Required Documentation The Mortgagee must document the methodology
      used to establish the loan sample risk assessment system and conduct trend analysis.'
  judgment: false
