source:
  type: guide
  id: hud-4000-1-i-g-liquid-assets-or-net-worth-deficiency
  authority: FHA Single Family Housing Policy Handbook 4000.1, Part I — g. Liquid
    Assets or Net Worth Deficiency (09/14/2015)
  description: FHA Single Family Housing Policy Handbook 4000.1, Part I — g. Liquid
    Assets or Net Worth Deficiency (09/14/2015).
  coverage_tier: operative
obligations:
- id: hud-4000-1-i-g-liquid-assets-or-net-worth-deficiency-full
  canonical_id: hud-4000-1-i-g-liquid-assets-or-net-worth-deficiency-full
  section: FHA Single Family Housing Policy Handbook 4000.1, Part I — g. Liquid Assets
    or Net Worth Deficiency (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 I — g. Liquid
      Assets or Net Worth Deficiency (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: g. Liquid Assets or Net Worth Deficiency (09/14/2015) If at any
      time a Mortgagee’s adjusted net worth or liquidity falls below the required
      minimum, the Mortgagee must submit a Notice of Material Event to FHA within
      30 business days of the deficiency. The Mortgagee must submit a Corrective Action
      Plan that outlines the steps taken to mitigate the deficiency and includes relevant
      information, such as contributions and efforts made to obtain additional capital.
  judgment: false
