www.hudclips.org 


U. S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
WASHINGTON, D. C. 20410-8000

June 12, 1990
OFFICE OF THE ASSISTANT SECRETARY FOR
HOUSING-FEDERAL HOUSING COMMISSIONER
MORTGAGEE LETTER 90-18
     TO:  ALL APPROVED MORTGAGEES
     ATTENTION:  Servicing Managers (Single Family)
     SUBJECT:  Clarification of Mortgagee Letter 90-7 Regarding
               Instructions for Filing Supplemental Claims for
              Underpayments Identified in the Claims Review Universe
 
          Mortgagee Letter 90-7 provides that mortgagees may make an
     election to have underpayments included in the statistical
     projection of amounts due HUD or file supplemental claims for any
     underpayments identified for the period under review.  (This
     applies only to reviews conducted prior to April 1, 1990.) If
     mortgagees elect to file supplemental claims, they must file such
     claims within one year from the date of the claim review report
     (or final revision letter).  Mortgagees must use the following
     procedures when filing supplemental claims for the review
     universe:
 
          1.  Identify all underpayments in the review universe for
              which reimbursement is sought.
 
          2.  Prepare and file all such claims in one complete package
              at the conclusion of the review to identify underpayments.
              The package should be sent to the attention of
              Ms. Janice Brooks at the address shown below.
 
                   Department of Housing and Urban Development
                   Attention: Ms. Janice Brooks
                   Insurance Claims Division
                   P. 0. Box 44807
                   Washington, DC 20026-4807
 
          Supplemental Claims for the review universe which are not
     filed in accordance with these instructions will be returned to
     the mortgagee.
 
                               Sincerely yours,
 
                               C. Austin Fitts
                               Assistant Secretary for
                                 Housing-Federal Housing Commissioner