Part of FHA's multi-year IT Modernization initiative, the case binder module is one component of FHA Catalyst, FHA's new, flexible cloud-based platform. This module enables lenders to electronically deliver case binders instead of mailing paper binders for single-family forward mortgages and Home Equity Conversion Mortgage insurance endorsements. This state-of-the-art automation eliminates manual, paper-based processes, provides error checks and enhances data integrity, leading to more accurate and efficient submissions. The platform also provides real-time access to case binder submission, status, and other information, which offers new tracking and analysis capabilities for lenders and FHA.
Module Technology Enhancements
FHA-approved mortgagees can submit single family forward and HECM loan origination case binder documents electronically for FHA endorsement.
Who Can Use the Case Binder Submission module:
- All FHA-approved lenders who were previously required to submit paper case binders to FHA's Homeownership Centers for an initial submission to re-submit case binders for reconsideration after a Notice of Return;
- Lenders without FHA Lender Insurance authority who are not approved for electronic Case Binder (eCB) submission through FHA Connection, may use the FHA Catalyst: Case Binder delivery module for submission of case binders for Severe Case Warnings;
- Lenders seeking Direct Endorsement Authority who are required to submit Test Cases.
FHA will be adding additional modules to the FHA Catalyst platform in the coming months and years until a full suite of transactions is available.
FHA Catalyst Onboarding
To onboard to or access the module or receive guidance on its use, lenders should contact the FHA Resource Center by emailing email@example.com or by calling 1-800-Call FHA (1-800-225-5342).
About FHA Catalyst
FHA has embarked on a multi-year IT modernization initiative, FHA Catalyst, which is already improving how mortgage servicers do business with FHA. FHA Catalyst is supported by a $40 million appropriation from Congress and a partnership between the HUD Chief Information Officer (CIO) and the Federal Housing Commissioner. FHA Catalyst is a secure, flexible, cloud-based platform that will provide a modern, automated system for lenders, servicers, and other FHA program participants. FHA Catalyst enables FHA to more efficiently and effectively manage its programs and processes, benefiting the those who do business with FHA.