Compliance News: Revised Form HUD-92900-A, HUD Addendum to URLA

On December 22, 2020, HUD announced the publication of a revised Form HUD-92900-A, HUD Addendum to Uniform Residential Loan Application in Mortgagee Letter 2020-49.  The letter also announces the renewal of the following FHA Insured Mortgage Application Forms with new application dates where applicable:

• • HUD-92900-B, Important Notice to Homebuyers;
  • HUD-92900-LT, FHA Loan Underwriting and Transmittal Summary;
  • HUD-92561, Borrower’s Contract with Respect to Hotel and Transient Use of Property;
  • HUD-92544, Warranty of Completion of Construction
  • Model Notice for Informed Consumer Choice Disclosure;
  • Model Pre-Insurance Review/Checklist;
  • Settlement Certification (previously known as Addendum to HUD-1)

Mortgagees may use the revised and renewed forms immediately and must use them for case numbers assigned on or after March 22, 2021.

Mortgagee Letter 2020-49 may be reviewed at the link below for more detail:

https://www.hud.gov/sites/dfiles/OCHCO/documents/2020-49hsgml.pdf

We are currently reviewing this announcement to determine the best way to implement these changes to our document library and/or systems. Our implementation plan will be announced on our website.

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