§ 257.112 - Mortgagee verifications.

Latest version.

(a) Income verification. The mortgagee shall use FHA's procedures to verify the mortgagor's income.
(b) Mortgage fraud verification. The mortgagor shall provide a certification to the mortgagee that the mortgagor has not been convicted under federal or state law for fraud during the 10-year period ending upon the insurance of the H4H program mortgage. This certification may be combined with the certification to FHA required under §257.116(b)(1)(ii). The mortgagee shall take such action as HUD may specify in administrative guidance to ensure that the mortgagor is in compliance with the certification.

                    
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