Skip to content
Still need help?
Contact us
  • There are no suggestions because the search field is empty.

What measures are taken to ensure properties meet HUD guidelines?

MCS partners with our clients to dual-track critical dates and milestones for servicing FHA properties. Routine calls are held between MCS specialists and clients to ensure appropriate next steps and alignment occurs.

 

RELATED ARTICLE: 3 Ways Property Preservation Partners Can Help Lower Your Risks >

 

🔻ABOUT MCS FHA SERVICES >

The goal of an FHA property via a post-foreclosure sale is conveying it back to HUD “in conveyance condition,” or ICC, within 30 days (or within an extension opportunity granted by HUD). With tight FHA conveyance timeframes, finding a partner that understands HUD processes is essential. Ensuring repairs are completed correctly and timely with HUD allowable and over-allowable approvals reduces the likelihood of additional damages or issues at a property such as vandalism, weather-related occurrences or property deterioration.

The current HUD Guidelines Handbook 4000.1 can be found at https://mcs360.com/department-of-housing-and-urban-development/

 

Featured Mortgage Services Articles → blog.mcs360.com/tag/mortgage-services

 

FHA-partnerships

📆

FIND MCS AT MORTGAGE INDUSTRY EVENTS THIS YEAR >

Book a meeting with Jason Myers to learn more about how MCS serves the Mortgage Industry.