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#2242623 - 09/17/20 04:18 PM FHA/VA Servicing Transfer Requirements
companalyst419 Offline
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Joined: Apr 2019
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Does the FHA or VA have servicing transfer requirements that require letters to be sent ahead of time?

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#2242629 - 09/17/20 04:59 PM Re: FHA/VA Servicing Transfer Requirements companalyst419
rlcarey Online
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rlcarey
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Galveston, TX
You mean over and above those required by RESPA?
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#2242636 - 09/17/20 07:12 PM Re: FHA/VA Servicing Transfer Requirements rlcarey
companalyst419 Offline
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Yes, I find that VA guidelines refers to RESPA but I was wondering if you could help advise on the FHA piece.
Last edited by companalyst419; 09/17/20 07:24 PM.
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#2242641 - 09/17/20 07:53 PM Re: FHA/VA Servicing Transfer Requirements companalyst419
rlcarey Online
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rlcarey
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Galveston, TX
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#2242930 - 09/22/20 07:47 PM Re: FHA/VA Servicing Transfer Requirements companalyst419
John Burnett Offline
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"(e) Each servicer of a mortgage shall deliver to the mortgagor a written notice of any assignment, sale, or transfer of the servicing of the mortgage. The notice must be sent in accordance with the provisions of § 3500.21(e)(1) of this title and shall contain the information required by § 3500.21(e)(2) of this title. Servicers must respond to mortgagor inquiries pertaining to the transfer of servicing in accordance with § 3500.21(f) of this title."

Of course those cross references to part 3500 go nowhere now. Essentially they refer to the transfer notices included in Reg X section 1024.33, I believe.
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