Hawaiian Home Lands Assignments
Section 247 Assignments
HUD has special procedures for mortgage insurance claims on properties located on Hawaiian Home Lands. Loans insured by HUD under Section 247 of the National Housing Act must be assigned to HUD at the time an insured lender files its timely claim for mortgage insurance benefits.
Guidance on Assignment eligibility and filing a claim for mortgage insurance benefits for Hawaiian Home Lands Mortgages can be found in the 4000.1 Single Family Housing Policy Handbook:
- Program overview:
- Hawaiian Home Lands Mortgages (Section 247 Mortgages) - Sec. III.A.3.c
- Filing a Mortgage Insurance Claim:
- Claim Type 02 - Assignment or Single Family Loan Sale Program, Hawaiian Home Lands Mortgages (Section 247 Mortgages) Claims - Sec. IV.A.2.b.i
- Single Family Housing Policy Handbook Supplemental Documents - Claim Filing Technical Guide, Sec. 2
Contact Section247Assignment@hud.gov if you are a lender or servicer with questions about submitting servicing records or if you have questions about the title evidence required by HUD.
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