source:
  type: guide
  id: hud-4000-1-v-3-real-estate-brokers
  authority: FHA Single Family Housing Policy Handbook 4000.1, Part V — 3. Real Estate Brokers (09/30/2016)
  description: FHA Single Family Housing Policy Handbook 4000.1, Part V — 3. Real Estate Brokers (09/30/2016).
  coverage_tier: operative
obligations:
- id: hud-4000-1-v-3-real-estate-brokers-full
  canonical_id: hud-4000-1-v-3-real-estate-brokers-full
  section: FHA Single Family Housing Policy Handbook 4000.1, Part V
  description: "Real Estate Brokers: 3. Real Estate Brokers (09/30/2016) \n \n \nii. Corrective Action\
    \ \nThe nonprofit must maintain a copy of the corrective actions taken when Findings are \ndiscovered.\
    \ Findings that result in changes to managerial staff or expose any deviance to \npreviously approved\
    \ processes must be brought to the attent…"
  type: do
  tags:
  - regulator-direct
  - section-complete
  - hud
  - 4000-1
  - curated
  primary_source:
    tier: 1
    authority: FHA Single Family Housing Policy Handbook 4000.1, Part V — 3. Real Estate Brokers (09/30/2016)
    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: "3. Real Estate Brokers (09/30/2016) \n \n \nii. Corrective Action \nThe nonprofit\
      \ must maintain a copy of the corrective actions taken when Findings are \ndiscovered. Findings\
      \ that result in changes to managerial staff or expose any deviance to \npreviously approved processes\
      \ must be brought to the attention of FHA upon discovery. \nc. Fraud, Misrepresentation, and Other\
      \ Findings (03/14/2016) \nThe nonprofit must take prompt, effective, and corrective measures to\
      \ investigate and \ndocument suspected instances of fraud, misrepresentation, and other related\
      \ Findings. \nii. Internal Reporting to Senior Management \nThe nonprofit’s QC Plan must contain\
      \ a process for its QC staff to promptly report and \ndocument Findings delivered to senior management.\
      \ Nonprofit staff must report Findings \nto senior management no more than 15 business days from\
      \ the date of discovery. \niii. External Reporting to FHA \nThe nonprofit’s senior management must\
      \ contact the FHA Resource Center at \nanswers@hud.gov to submit QC Findings. FHA will review the\
      \ Findings and determine \nthe appropriate course of action."
    drafter_attestation: Verbatim section from snapshot 8c03836f77f317e1; boundary human-curated + substring-verified
      (2026-07-23).
  judgment: false
