www.hudclips.org 


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

JUNE 26, 1990
OFFICE OF THE ASSISTANT SECRETARY FOR
HOUSING-FEDERAL HOUSING COMMISSIONER
Mortgagee Letter 90-21
      MEMORANDUM FOR: ALL APPROVED MORTGAGEES
      SUBJECT:  Submission of Title Evidence for Conveyances
 
          Often, title evidence submitted by mortgagees to the local HUD
      Field Offices does not include a street address or an FHA case
      number.  This requires many staff hours for research to match the
      title evidence to a property in the inventory.  Therefore, effective
      August 1, 1990, when submitting title evidence for any conveyances,
      the mortgagee must attach a photostat copy of Part A of HUD-27011
      (OMB No. 2535-0093), Single Family Application for Insurance
      Benefits.  Failure to provide the required copy of Part A of the
      Form HUD-27011 with the title evidence shall be basis for rejection
      of the entire title evidence submission.  You are reminded that
      if acceptable title evidence is not submitted within 45 days of the
      date the deed to HUD is recorded, debenture interest will be
      curtailed.
 
          Please direct any questions to the Property Disposition Branch of
      your local HUD office or the Headquarters Single Family Property
      Disposition Division at (202) 708-1832 or 708-0740.
 
                                     Very sincerely yours,
 
                                     C. Austin Fitts
                                     Assistant Secretary
                                     for Housing - Federal
                                       Housing Commissioner