source:
  type: guide
  id: hud-4000-1-iii-i-mortgage-insurance-premium-remittance
  authority: FHA Single Family Housing Policy Handbook 4000.1, Part III — i. Mortgage
    Insurance Premium Remittance (03/31/2022)
  description: FHA Single Family Housing Policy Handbook 4000.1, Part III — i. Mortgage
    Insurance Premium Remittance (03/31/2022).
  coverage_tier: operative
obligations:
- id: hud-4000-1-iii-i-mortgage-insurance-premium-remittance-full
  canonical_id: hud-4000-1-iii-i-mortgage-insurance-premium-remittance-full
  section: FHA Single Family Housing Policy Handbook 4000.1, Part III — i. Mortgage
    Insurance Premium Remittance (03/31/2022)
  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 III — i. Mortgage
      Insurance Premium Remittance (03/31/2022)
    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: i. Mortgage Insurance Premium Remittance (03/31/2022) i. Definition
      Annual or Periodic MIPs are those MIPs that are remitted to HUD each month.
      ii. Standard The Mortgagee must remit one-twelfth of the annual MIPs each month
      to HUD, regardless of whether it was received from the Borrower. The Mortgagee
      can access the Advance Premium Notice and case-level billing information in
      FHAC to determine monthly collections of MIPs. The Mortgagee must remit MIPs
      in accordance with the original amortization schedule. MIPs accrue from the
      beginning of amortization, without regard to what time frame exists between
      endorsement and the beginning of amortization and without regard to any Partial
      Prepayments, Delinquent payments, agreements to postpone payments, or agreements
      to recast the Mortgage. For refinances, the Mortgagee must remit MIPs on the
      Mortgage being paid off through the month in which that Mortgage is paid in
      full. iii. Mortgage Insurance Premium Reports (A) Use of FHA Connection or Alternate
      Report Retrieval Process The Mortgagee can access the Advance Premium Notice
      and case-level billing information in FHAC or through the Alternate Report Retrieval
      process to determine monthly collections of MIPs after endorsement. (B) Reports
      after Transfer or Sale If, 90 Days after acquisition, a transferred or sold
      Mortgage has not appeared on HUD’s monthly MIP report to the Transferee Servicing
      Mortgagee or Purchasing Mortgage Holder, that Mortgagee must ensure that the
      Servicer/Holder Transfer is completed in FHAC or through EDI or B2G.
  judgment: false
