Data integrity checks that verify accuracy of FHA Annual MIP and UFMIP rates will be removed from the Adverse Action document packages. Truth-in-Lending and Good Faith Estimate calculations are not performed in Adverse Action packages, so the FHA MIP rates do not need to be verified.
These changes will take effect on July 19, 2014. If you have any questions or concerns about these changes, please contact Client Support at 1.800.497.3584.
July 14, 2014