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U. S. Department of Housing and Urban Development
Washington, D.C. 20410-8000

September 14, 1992
OFFICE OF THE ASSISTANT SECRETARY
FOR HOUSING-FEDERAL HOUSING COMMISSIONER
MORTGAGEE LETTER  92-28
    TO:  ALL APPROVED MORTGAGEES
    ATTENTION:  SINGLE FAMILY SERVICING MANAGERS
    SUBJECT:  Prepayment Disclosure Statements -- Extension for
                First Mailing of the Annual Disclosure Statement
 
         In response to many requests from mortgagees regarding an
    extension of the deadline for mailing the first annual Prepayment
    Disclosure Statement, the Department has agreed to extend the
    date from December 31, 1992 to January 31, 1993.
 
         It was brought to our attention that mortgagees could
    realize a considerable savings in mailing and administrative costs if
    the date could be extended to coincide with the mailing of the
    annual escrow analysis statements.
 
         If you have questions regarding the issuance of the Prepayment
    Disclosure Statements, you may contact the Single Family
    Loan Management Branch in the appropriate HUD Field Office.
 
                           Very sincerely yours,
 
                           Arthur J. Hill
                           Assistant Secretary for Housing
                             - Federal Housing Commissioner
 
                    *U.S. Government Printing Office: 1992 - 312-218/60268