source:
  type: guide
  id: hud-4000-1-iii-s-non-conveyance-foreclosure
  authority: FHA Single Family Housing Policy Handbook 4000.1, Part III — s. Non-conveyance
    Foreclosure (03/31/2022)
  description: FHA Single Family Housing Policy Handbook 4000.1, Part III — s. Non-conveyance
    Foreclosure (03/31/2022).
  coverage_tier: operative
obligations:
- id: hud-4000-1-iii-s-non-conveyance-foreclosure-full
  canonical_id: hud-4000-1-iii-s-non-conveyance-foreclosure-full
  section: FHA Single Family Housing Policy Handbook 4000.1, Part III — s. Non-conveyance
    Foreclosure (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 — s. Non-conveyance
      Foreclosure (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: 's. Non-conveyance Foreclosure (03/31/2022) The Mortgagee may
      elect not to convey the Property to HUD after foreclosure and to terminate the
      contract of mortgage insurance. The Property may be acquired by the Mortgagee
      or by a third party at a foreclosure sale, or may be redeemed after foreclosure
      and no insurance claim will be made to HUD. For non-conveyance foreclosures,
      the Mortgagee must use form HUD-27050-A and select Non-Conveyance Foreclosure
      (Term Type 13) in FHAC to notify HUD. III. SERVICING AND LOSS MITIGATION A.
      Title II Insured Housing Programs Forward Mortgages 2. Default Servicing Handbook
      4000.1 1338 Last Revised: 11/26/2025'
  judgment: false
