dockets: HUD-2024-0063

Regulatory dockets from Regulations.gov — containers for related documents and comments in a rulemaking proceeding.

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id agency_id title docket_type last_modified object_id rin dkabstract category subtype keywords program short_title effective_date organization attrs_raw attr_source
HUD-2024-0063 HUD FR-6423-P-01 Disbursing Multifamily Mortgage Proceeds: Permitting Mortgagees To Disburse Mortgage Proceeds With Mortgagor-Provided Funds Rulemaking 2024-12-13T08:38:10Z 0b0000648662024c 2502-AJ72 FR-6423-F-02 When funds provided by a mortgagor to a mortgagee are not fully disbursed with the initial advance of the insured mortgage proceeds, this final rule permits mortgagees to disburse up to 1 percent of the mortgage amount initially endorsed for insurance before requiring that the funds provided by the mortgagor be disbursed in full. This change to HUD’s requirements removes unusual and burdensome mortgage servicing practices that may result from pooling mortgages into mortgage-backed securities guaranteed by the Government National Mortgage Association prior to the funds provided by the mortgagor being disbursed in full. This final rule adopts HUD’s August 6, 2024, proposed rule with only minor, non-substantive revisions.               {"displayProperties": [], "keywords": null, "modifyDate": "2024-12-13T08:38:10Z", "dkAbstract": "FR-6423-F-02\nWhen funds provided by a mortgagor to a mortgagee are not fully disbursed with the initial advance of the insured mortgage proceeds, this final rule permits mortgagees to disburse up to 1 percent of the mortgage amount initially endorsed for insurance before requiring that the funds provided by the mortgagor be disbursed in full. This change to HUD\u2019s requirements removes unusual and burdensome mortgage servicing practices that may result from pooling mortgages into mortgage-backed securities guaranteed by the Government National Mortgage Association prior to the funds provided by the mortgagor being disbursed in full. This final rule adopts HUD\u2019s August 6, 2024, proposed rule with only minor, non-substantive revisions. \n", "agencyId": "HUD", "program": null, "shortTitle": null, "subType2": null, "title": "FR-6423-P-01 Disbursing Multifamily Mortgage Proceeds: Permitting Mortgagees To Disburse Mortgage Proceeds With Mortgagor-Provided Funds", "generic": null, "field1": null, "docketType": "Rulemaking", "petitionNbr": null, "rin": "2502-AJ72", "organization": null, "legacyId": null, "subType": null, "category": null, "field2": null, "effectiveDate": null, "objectId": "0b0000648662024c"} single_get

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