Pursuant to our monthly audit of federal agency forms, we have updated Cx47 “Warranty of Completion of Construction – HUD-92544.” Since the VA has not yet posted an updated version of VA form 26-1859, only the FHA version of Cx47 has been updated at this time.
Included in the Cx47 updates are:
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- In the top righthand corner of page 1, the expiration date has been updated from “01/31/2024” to “10/31/26”.
- In the bottom righthand corner of page 1, the form date has been updated from “2/2020” to “4/2023” and “ref. HUD Handbook 4000.1” has been added.
- Beneath the first paragraph, the “Privacy Act Notice” has been removed.
- Beneath the signature lines, the “Purchaser Note” has been removed.
- The following paragraphs have been added to the end of the form:
“Privacy Act Notice
Authority: Section 203 of the National Housing Act (12 U.S.C. § 1709) and Section 255 of the National Housing Act (12 U.S.C. § 1715z-20) authorize HUD to process applications for FHA insurance of eligible Single Family and Home Equity Conversion Mortgages and respond to inquiries regarding applications for mortgage insurance. 31 U.S.C. § 7701 and 42 U.S.C. § 3543 authorize HUD to collect taxpayer identifying numbers, which may include Social Security Numbers (SSNs).
Purpose: HUD will use this information to determine eligibility for FHA mortgage insurance, and for other purposes described in the published Privacy Act System of Records Notice (SORN).
Routine Uses: Pursuant to the published SORN, HUD may share the information with other program offices within HUD, law enforcement, other government agencies, government sponsored enterprises (GSEs), lenders, and other program participants, as necessary to verify eligibility, process mortgage insurance applications, engage in research and analysis, enforce the law, assist in matters related to court proceedings, respond to potential or actual threats to the security of Federal information systems and related data, and for any other routine use published in the SORN.
Disclosure: Providing this information is voluntary; however, failure to provide the requested information may delay or restrict your eligibility for an FHA-insured mortgage loan, or other benefits you are seeking.
The System of Records Notice (SORN) for this collection is the Computerized Homes Underwriting Management System (CHUMS), and is publicly available at: https://www.hud.gov/program_offices/officeofadministration/privacy_act/pia/fednotice/SORNs_LoB#housing”.
These changes are available for testing on Stage & Stage 2 servers and will take effect on September 10, 2024. If you have any questions or concerns, please contact Client Support at 1.800.497.3584.
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