source:
  type: guide
  id: hud-4000-1-i-a-supervised-mortgagee
  authority: FHA Single Family Housing Policy Handbook 4000.1, Part I — a. Supervised Mortgagee (03/14/2016)
  description: FHA Single Family Housing Policy Handbook 4000.1, Part I — a. Supervised Mortgagee (03/14/2016).
  coverage_tier: operative
obligations:
- id: hud-4000-1-i-a-supervised-mortgagee-full
  canonical_id: hud-4000-1-i-a-supervised-mortgagee-full
  section: FHA Single Family Housing Policy Handbook 4000.1, Part I — a. Supervised Mortgagee (03/14/2016)
  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 I — a. Supervised Mortgagee (03/14/2016)
    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: 'a. Supervised Mortgagee (03/14/2016) i. Definitions (A) Supervised Mortgagee A Supervised Mortgagee is a financial institution that is a member of the Federal Reserve System or whose accounts are insured by the Federal Deposit Insurance I. DOING BUSINESS WITH FHA A. FHA Lenders and Mortgagees (09/20/2021) 2. Types of Approved Mortgagees Handbook 4000.1 3 Last Revised: 11/26/2025 Corporation (FDIC) or the National Credit Union Administration (NCUA) (collectively, “Federal Banking Agencies”). (B) Large Supervised Mortgagee A Large Supervised Mortgagee is a Supervised Mortgagee that has consolidated assets greater than or equal to the threshold for audited financial reporting established by the Federal Banking Agency with oversight of the Mortgagee. Thresholds are codified at 12 CFR §§ 363.1(a), 562.4(b)(2), and 715.4(c), and are subject to change. (C) Small Supervised Mortgagee A Small Supervised Mortgagee is a Supervised Mortgagee that has consolidated assets below the
      threshold for audited financial reporting established by the Federal Banking Agency with oversight of the Mortgagee. Thresholds are codified at 12 CFR §§ 363.1(a), 562.4(b)(2), and 715.4(c), and are subject to change. ii. Standard A Supervised Mortgagee must meet the general approval requirements set forth below. iii. Activities Authorized A Supervised Mortgagee may originate, underwrite, close, endorse, service, purchase, hold, or sell FHA-insured Mortgages.'
  judgment: false
