source:
  type: guide
  id: hud-4000-1-i-d-investing-mortgagee
  authority: FHA Single Family Housing Policy Handbook 4000.1, Part I — d. Investing
    Mortgagee (06/20/2024)
  description: FHA Single Family Housing Policy Handbook 4000.1, Part I — d. Investing
    Mortgagee (06/20/2024).
  coverage_tier: operative
obligations:
- id: hud-4000-1-i-d-investing-mortgagee-full
  canonical_id: hud-4000-1-i-d-investing-mortgagee-full
  section: FHA Single Family Housing Policy Handbook 4000.1, Part I — d. Investing
    Mortgagee (06/20/2024)
  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 — d. Investing
      Mortgagee (06/20/2024)
    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: 'd. Investing Mortgagee (06/20/2024) i. Definition An Investing
      Mortgagee is an organization that invests funds under its own control and is
      not approved as a Supervised Mortgagee, a Nonsupervised Mortgagee, or a Government
      Mortgagee. ii. Standard An Investing Mortgagee must meet the general approval
      requirements set forth below and: I. DOING BUSINESS WITH FHA A. FHA Lenders
      and Mortgagees (09/20/2021) 3. Application and Eligibility Requirements for
      Approval Handbook 4000.1 5 Last Revised: 11/26/2025 • have staff capable of
      managing the Mortgagee’s activities relating to its FHA- insured Mortgages;
      • have an acceptable Business Form; • demonstrate Creditworthiness; and • have
      an acceptable Funding Program. iii. Activities Authorized An Investing Mortgagee
      may purchase, hold, or sell FHA-insured Mortgages. An Investing Mortgagee may
      only service FHA-insured Mortgages if it receives prior approval. iv. Activities
      Not Authorized An Investing Mortgagee may not originate, underwrite, or close
      FHA-insured Mortgages in its own name or submit applications for FHA mortgage
      insurance. 3. Application and Eligibility Requirements for Approval'
  judgment: false
