Mortgagee Letter 2010-33 describes the system enhancements to FHA Connection and provides notice to mortgagees who are sponsors ("Sponsoring Mortgagees') of sponsored third party originators ("Sponsored Originators") of new FHA Connection data submission requirements as was announced in Mortgagee Letter 2010-20. For transactions originated by an FHA-approved loan correspondent, mortgagees should follow the current process through December 31, 2010. These system enhancements will be implemented on FHA Connection on October 4, 2010, and sponsoring mortgagees must begin complying with the new data entry requirements on that date. For more information, please see Mortgagee Letter 2010-33.
