HUD ML 2013-34 Delayed Implementation of “PFS Participation Requirement”
On September 27, the U.S. Department of Housing and Urban Development (HUD) issued Mortgagee Letter 2013-34, regarding the delayed implementation of “PFS Participation Requirement” section included in Mortgagee Letter 2013-23.
MORTGAGEE LETTER 2013-34
To: All FHA-Approved Mortgagees Servicing Single Family Mortgages
Subject: Delayed Implementation of “PFS Participation Requirement” Section
included in Mortgagee Letter 2013-23, Updated Pre-Foreclosure Sale (PFS)
and Deed in Lieu (DIL) of Foreclosure Requirements
Purpose: Implementation of the “PFS Participation Requirement” section stipulated in
Mortgagee Letter (ML) 2013-23 has been delayed until further notice. PFS
participation requirements denoted in ML 2008-43, 2002-13, and 2000-05
remain in effect.
All other provisions included in ML 2013-23 remain in effect.
Affected Policy: The policies set forth in this Mortgagee Letter amend the effective date
of the “PFS Participation Requirement” section of ML 2013-23.
Information Collection Requirements: The information collection requirements
contained in this document have been approved by the Office of Management and
Budget (OMB) under the Paperwork Reduction Act of 1995 (44 U.S.C. 3501-3520)
and assigned OMB control number 2502-0584. In accordance with the Paperwork
Reduction Act, HUD may not conduct or sponsor, and a person is not required to
respond to, a collection of information unless the collection displays a currently
valid OMB Control Number.
Questions: Any questions regarding this Mortgagee Letter may be directed to the HUD National Servicing Center at (877) 622-8525. Persons with hearing or speech impairments may reach this number by calling the Federal Information Relay Service at (800) 877-8339. For additional information on this Mortgagee Letter, please visit www.hud.gov/answers.
Signature: Carol J. Galante
Assistant Secretary for Housing-Federal Housing Commissioner
To view the online Mortgagee Letter, please click here.
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