On January 20, 2023, the U.S. Department of Housing and Urban Development (HUD) published Mortgagee Letter 2023-01 regarding the Federal Housing Administration’s (FHA) modifications for the 2021 (Effective 2023) Government Sponsored Enterprises’ (GSE) security instruments and notes. These modifications are not required but may be implemented immediately.
Mortgagee Letter 2023-01 states:
“FHA is not requiring the use of the [2021 (Effective 2023)] GSE Forms; however, if a Mortgagee does utilize the 2023 GSE Forms, they are advised that FHA has added instructions on the FHA-specific modifications that must be made to the 2023 GSE Forms to be acceptable for FHA mortgage insurance.
FHA will continue to accept the 2001 GSE Forms that include the specific modifications required by FHA.”
Docutech will continue to offer the FHA 2001 GSE security instruments and notes through our generic document library. We will announce the rollout timeline for the new FHA 2021 (Effective 2023) GSE security instruments and notes in a future announcement.