Code of Federal Regulations (Last Updated: May 6, 2024) |
Title 24 - Housing and Urban Development |
Subtitle B - Regulations Relating to Housing and Urban Development |
Chapter II - Office of Assistant Secretary for Housing - Federal Housing Commissioner, Department of Housing and Urban Development |
SubChapter A - General |
Part 200 - Introduction to FHA Programs |
Subpart F - Placement and Removal Procedures for Participation in FHA Programs |
Section 203(k) Rehabilitation Loan Consultants |
§ 200.193 - Responsibilities of 203(k) consultants on the list.
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§ 200.193 Responsibilities of 203(k) consultants on the list.
All consultants included on the list are responsible for:
(a) Obtaining and reading the HUD handbook on the 203(k) Program (4240.4) and any updates to the handbook.
(b) Complying with the HUD handbook on the 203(k) Program (4240.4), and any updates to the handbook, when performing any consultant function under the 203(k) Program.
(c) Obtaining and reading all Mortgagee Letters and other instructions issued by HUD relating to the 203(k) Program.
(d) Complying with all Mortgagee Letters and other instructions issued by HUD relating to the 203(k) Program, when undertaking any consultant function under the 203(k) Program.
(e) Complying with HUD's request for documentation relating to any 203(k) project on which the consultant has worked.
(f) Complying with HUD's monitoring requirements relating to the 203(k) Program.
[67 FR 52381, Aug. 9, 2002]