HUD Requirement Update

Mark your calendars! February 24th is the effective date for the new HUD Requirements. To view this document, click on the "HUD Regulations" link on this blog. Once you access HUD CLIPS, select "2007 Mortgagee Letters" then select "07-3 Revision of Preservation and Protection Requirements and Cost Reimbursements." To download the documents select "Click here for attachment" located at the top of Mortgagee Letter 2007-3. Please familairize yourself with the new requirements. Stay tuned for highlighted changes and helpful hints to meet these requirements.