www.hudclips.org U. S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT WASHINGTON, D. C. 20410-8000 February 11, 1991 OFFICE OF THE ASSISTANT SECRETARY FOR HOUSING-FEDERAL HOUSING COMMISSIONER MORTGAGEE LETTER 91-7 TO: ALL APPROVED MORTGAGEES SUBJECT: Forms HUD-27050-A, Single Family Mortgage Insurance Termination, and HUD-27050-B, Application for Premium Refund or Distributive Shares Payment Effective June 1, 1991, form HUD-2344, Lender's Request for Termination of Home Mortgage Insurance, and form HUD-2042, Notice of Distributive Shares or Premium Refund, will be replaced by form HUD-27050-A and HUD-27050-B (copies attached). Form HUD-2344 will no longer be accepted for processing after this date. These new forms require the following: 1. The servicing mortgagee is to complete form HUD-27050-A whenever the Federal Housing Administration (FHA) insured single family mortgage is terminated and no claim for insurance benefits will be filed. The time frame for filing the form HUD-27050-A is within 15 calendar days from the date of termination. This form is available at your local HUD Field Office. 2. The data provided by the servicing mortgagee on form HUD-27050-A will include the name(s) and Social Security Number(s) of up to two persons who were the legal property owners at the time of termination. The owner's Social Security Number(s) must be provided for all cases insured after September 1985. The current mailing address of the owners must be completed on the form HUD-27050-A for all cases. After completing form HUD-27050-A, the servicing mortgagee will send the form to HUD, Insurance Terminations, HOMSI, Washington, DC 20410-3415. _____________________________________________________________________ 2 Upon receipt of form HUD-27050-A, HUD will terminate the insurance and generate either the form HUD-27050-B or a Notice of Ineligibility to the homeowner(s). When a One-Time Mortgage Insurance Premium Refund payment and/or a Distributive Share is due, the former FHA mortgagor(s) must complete the form HUD-27050-B, attach proof of ownership and return it to HUD-Shares, P.O. Box 44372, Washington, DC 20026-4372. For servicing mortgagees now using magnetic tape, attached is a copy of the revised magnetic tape configurations which convey termination data to the Department. We strongly encourage lenders submitting more than 50 form HUD-27050-A's each month to use the magnetic tape medium for more efficient and timely submission of insurance termination data. Any questions regarding these new forms should be directed to the Single Family Insurance Operations Division at (703) 235-8117. Sincerely yours, Arthur J. Hill Acting Assistant Secretary for Housing-Federal Housing Commissioner Attachments _____________________________________________________________________ A43 SINGLE FAMILY INSURANCE SYSTEM TRANSACTION CODE 07 MORTGAGE INSURANCE TERMINATION MORTGAGEE TAPE INPUT INSTRUCTIONS DOCUMENT HUD-27050-A (4/90) Revised : June 5, 1990 _____________________________________________________________________ Please identify the first magnetic tape submission you send us as "First Tape Submission" on the external label. Include a name, address and telephone number of whom we should contact if we have problems with the tape. _____________________________________________________________________ 06/90 MORTGAGEE TAPE CHARACTERISTICS DSN: GHAS.F22BAY.MTGEE Record Format: Fixed unblocked Record Length: 400 characters Block Size: 400 characters Density: 1600 BPI Data Format: EBCDIC Label: IBM standard label Record Sequence: o Tape Header o Batch 1 Header Batch 1 Detail Records Batch 1 Trailer . . . o Batch 35 Header Batch 35 Detail Records Batch 35 Trailer o Tape Trailer *** EACH TAPE MUST HAVE AN EXTERNAL TAPE LABEL THAT IDENTIFIES THIS TAPE AS AN F22BAY.MTGEE FILE! *** _____________________________________________________________________ Record Type = Tape Header _________________________ Transaction Code: 07 Transaction Name: Terminations Source Document: None For Use By: Mortgagee Tape Document Version Date: 06/90 Record Size: 400 Sequence: Page 1 of 9 ___________________________________________________________________________ SPECIAL INSTRUCTIONS: The tape header is always the first record on a mortgagee tape. ___________________________________________________________________________ POSITION FIELD NO. FIELD LENGTH FROM THRU DESCRIPTION 1 Tape ID 6 1 6 Format 'MXXXXX', where XXXXX = the first 5 digits of the servicing mortgagee number. 2 Filler 1 7 7 Key a space. 3 Date Tape 6 8 13 Format YYMMDD. Created 4 Record Type 2 14 15 Tape header ID. Key 'TH'. 5 Filler 385 16 400 Skip. _____________________________________________________________________ Record Type = Batch Header __________________________ Transaction Code: 07 Transaction Name: Terminations Source Document: None for Use By: Mortgagee Tape Document Version Date: 06/90 Record Size: 400 Sequence: Page 2 of 9 __________________________________________________________________________ SPECIAL INSTRUCTIONS: The batch sequence number (field 2) should be in ascending sequence from 1 through 9 and, if necessary, A through Z. This provides for a total of 35 batches per mortgagee per tape. __________________________________________________________________________ POSITION FIELD NO. FIELD LENGTH FROM THRU DESCRIPTION 1 Batch Header 6 1 6 Format 'MXXXXX', Indicator where XXXXX = the first 5 digits of the servicing mortgagee number. 2 Batch Sequence 1 7 7 See special Number instructions above. 3 Date Created 6 8 13 Format YYMMDD. 4 Record Type 2 14 15 Batch header ID. Key 'BH'. 5 Transaction 2 16 17 Key '07'. Code 6 Filler 383 18 400 Skip. _____________________________________________________________________ Record Type = Detail Record ___________________________ Transaction Code: 07 Transaction Name: Terminations Source Document: HUD-27050-A For Use By: Mortgagee Tape Document Version Date: 06/90 Record Size: 400 Sequence: Page 3 of 9 __________________________________________________________________________ SPECIAL INSTRUCTIONS: If the case number contains less than 11 characters, X fill all remaining positions. Most case numbers have a hyphen in position 4; alternate formats have a hyphen in position 3 or position 7 rather than position 4. For these alternate formats, key XX in positions 10 and 11. For example: 123-4567891 or 123-456789X (standard); 123-45678XX (rare); 12-345678XX (hyphen in position 3); 123456-78XX (hyphen in position 7). __________________________________________________________________________ FIELD DOCUMENT POSITION NO. ITEM NO. FIELD LENGTH FROM THRU DESCRIPTION 1 2 FHA Case 11 1 11 Alphanumeric. Left Number justify. Key hyphen. See special instructions above. 2 Transaction 2 12 13 Key '07'. Code 3 1 Type of 2 14 15 Numeric. Values Termination 11, 13, 18, 21, and 23. If blank, key '11'. 4 3 Mortgagee's 10 16 25 Left justify. Skip ID if blank. 5 4 Institution 15 26 40 Alphanumeric. Left Loan justify. Key as Reference is. Skip if blank. No. _____________________________________________________________________ Record Type = Detail Record ___________________________ Transaction Code: 07 Transaction Name: Terminations Source Document: HUD-27050-A For Use By: Mortgagee Tape Document Version Date: 06/90 Record Size: 400 Sequence: Page 4 of 9 __________________________________________________________________________ SPECIAL INSTRUCTIONS: Interest Rate Format _____________ ______ 10.5 10500 9.0 09000 8% 08000 If fractions are printed, key the decimal equivalent but do not key the decimal point. For example: 10-1/8% = 10125; 9-1/4% = 09250. Fraction to decimal equivalents are listed below: 1/8 = 125 1/4 = 250 3/8 = 375 1/2 = 500 5/8 = 625 3/4 = 750 7/8 = 875 __________________________________________________________________________ FIELD DOCUMENT POSITION NO. ITEM NO. FIELD LENGTH FROM THRU DESCRIPTION 6 5 Original 7 41 47 Numeric; integers Mortgage only. Right Amount justify; prefix with zeros. Skip if blank. 7 6 Interest 5 48 52 Format 99V999. Rate Always key five numbers. Do not key decimal point. See special instructions above. 8 7 Date of 6 53 58 Format MM01YY. Mortgage Skip if blank. Note Maturity 9 8 Date of 1st 6 59 64 Format MM01YY. Mortgage Skip if blank. Payment _____________________________________________________________________ Record Type = Detail Record ___________________________ Transaction Code: 07 Transaction Name: Terminations Source Document: HUD-27050-A For Use By: Mortgagee Tape Document Version Date: 06/90 Record Size: 400 Sequence: Page 5 of 9 __________________________________________________________________________ FIELD DOCUMENT POSITION NO. ITEM NO. FIELD LENGTH FROM THRU DESCRIPTION 10 9 Date of 6 65 70 Format MMDDYY. Foreclosure Skip if blank. or Deed in Lieu 11 10 Date 6 71 76 Format MMDDYY. Paid-in-Full, Skip if blank. Refinance, or Voluntary Termination 12 11a Property 30 77 106 Left justify. Street Address 13 11b Property City 20 107 126 Left justify. 14 11c Property State 2 127 128 Two letter abbreviation. See attached list of state abbreviations 15 11d Property 9 129 137 Left justify. For Zip Code five-digit codes, skip positions 134 thru 137. (Property Owner No. 1) 16 12a Last Name 22 138 159 Alphanumeric. Left justify. 17 12b First Name 15 160 174 Alphanumeric. Left justify. 18 12c Middle 1 175 175 Alphabetic. Skip Initial if blank. _____________________________________________________________________ Record Type = Detail Record ___________________________ Transaction Code: 07 Transaction Name: Terminations Source Document: HUD-27050-A For Use By: Mortgagee Tape Document Version Date: 06/90 Record Size: 400 Sequence: Page 6 of 9 __________________________________________________________________________ FIELD DOCUMENT POSITION NO. ITEM NO. FIELD LENGTH FROM THRU DESCRIPTION 19 12d Social Security 11 176 186 Alphanumeric. Number or EIN Include hyphens. Skip if blank. (Property Owner No. 2) 20 12e Last Name 22 187 208 Alphanumeric. Left justify. Skip if blank. 21 12f First Name 15 209 223 Alphanumeric. Left justify. Skip if blank. 22 12g Middle Initial 1 224 224 Alphabetic. Skip if blank. 23 12h Social Security 11 225 235 Alphanumeric. Number or EIN Include hyphens. Skip if blank. (Current Mailing Address) 24 13a Attention Line 26 236 261 Optional field. Do not key 'c/o'. Skip if blank. 25 13b Street 30 262 291 Left justify. 26 13c City 20 292 311 Left justify. 27 13d State 2 312 313 Two letter abbreviation. See attached list of state abbreviations. _____________________________________________________________________ Record Type = Detail Record ___________________________ Transaction Code: 07 Transaction Name: Terminations Source Document: HUD-27050-A For Use By: Mortgagee Tape Document Version Date: 06/90 Record Size: 400 Sequence: Page 7 of 9 __________________________________________________________________________ FIELD DOCUMENT POSITION NO. ITEM NO. FIELD LENGTH FROM THRU DESCRIPTION 28 13e Zip Code 9 314 322 Left justify. For five-digit codes, skip positions 319 thru 322. 29 13f Foreign 15 323 337 Optional field. Country Left justify. Skip if blank. 30 "More Than 1 338 338 Key 'X' if checked. Two Skip if blank. Mortgagors" Box 31 Filler 62 339 400 Skip. _____________________________________________________________________ Record Type = Batch Trailer ___________________________ Transaction Code: 07 Transaction Name: Terminations Source Document: None For Use By: Mortgagee Tape Document Version Date: 06/90 Record Size: 400 Sequence: page 8 of 9 __________________________________________________________________________ POSITION FIELD NO. FIELD LENGTH FROM THRU DESCRIPTION 1 Batch Trailer 6 1 6 Format 'MXXXXX', Indicator where XXXXX = the first 5 digits of the servicing mortgagee number. 2 Batch Sequence 1 7 7 The same as the Number batch header number. 3 Date Created 6 8 13 Format YYMMDD. 4 Record Type 2 14 15 Batch trailer ID. Key 'BT'. 5 Transaction 2 16 17 Key '07'. Code 6 Number of 7 18 24 Number of detail Records records keyed per batch. Right justify with leading zeros. 7 Total Dollar 11 25 35 Total original Amount mortgage amount for all detail records in this batch. Right justify with leading zeros. 8 Filler 365 36 400 Skip. _____________________________________________________________________ Record Type = Tape Trailer __________________________ Transaction Code: 07 Transaction Name: Terminations Source Document: None For Use By: Mortgagee Tape Document Version Date: 06/90 Record Size: 400 Sequence: Page 9 of 9 __________________________________________________________________________ SPECIAL INSTRUCTIONS: The tape trailer is always the last record on a mortgagee tape. __________________________________________________________________________ POSITION FIELD NO. FIELD LENGTH FROM THRU DESCRIPTION 1 Tape ID 6 1 6 Format 'MXXXXX', where XXXXX = the first 5 digits of the servicing mortgagee number. 2 Filler 1 7 7 Key a space. 3 Date Tape 6 8 13 Format YYMMDD. Created 4 Record Type 2 14 15 Tape trailer ID. Key 'TT'. 5 Filler 2 16 17 Skip. 6 Number of 7 18 24 Number of detail Records records keyed, excluding tape and batch headers and trailers. Right justify with leading zeros. 7 Total Dollar 11 25 35 Total original Amount mortgage amount for all batches on this tape. Right justify with leading zeros. 8 Filler 365 36 400 Skip. _____________________________________________________________________ UNITED STATES POSTAL SERVICE STATE AND TERRITORY ABBREVIATIONS Alabama AL North Carolina NC Alaska AK North Dakota ND Arizona AZ Ohio OH Arkansas AR Oklahoma OK California CA Oregon OR Colorado CO Pennsylvania PA Connecticut CT Rhode Island RI Delaware DE South Carolina SC District of Columbia DC South Dakota SD Florida FL Tennessee TN Georgia GA Texas TX Hawaii HI Utah UT Idaho ID Vermont VT Illinois IL Virginia VA Indiana IN Washington WA Iowa IA West Virginia WV Kansas KS Wisconsin WI Kentucky KY Wyoming WY Louisiana LA Maine ME American Samoa AS Maryland MD Guam GU Massachusetts MA Marshall Islands TT Michigan MI Northern Mariana Islands CM Minnesota MN Palau TT Mississippi MS Puerto Rico PR Missouri MO Virgin Islands VI Montana MT Nebraska NE Nevada NV New Hampshire NH New Jersey NJ New Mexico NM New York NY _____________________________________________________________________