Cx1566 is a duplicate of the “Assumption of HUD/FHA-Insured Mortgages Release of Personal Liability” form set forth in FHA Single Family Handbook 4330.1 REV-5, App. 13(A), which is required to be given to applicants when they apply for certain mortgages (see Ibid. ch. 6-7).
We will be adding a borrower acknowledgement recital above the borrow signature lines, in order to provide additional evidence that the applicant(s) did receive a copy of this form.
This change will take effect on July 9, 2013. If you have any questions or concerns about this change, please contact Client Support at 1.800.497.3584.
July 2, 2013