Skip to main content

ML 12-4: Single Family Mortgage Insurance: Annual and Up-Front Mortgage Insurance Premium – Changes

HUD has issued Mortgagee Letter 2012-04, which contains changes to Annual and Up-Front Mortgage Insurance Premiums, effective with case numbers issued on or after April 9, 2012, for Single Family (SF) Forward Mortgage programs except the following programs: Title I, Home Equity Conversion Mortgages (HECM), Section 247 (Hawaiian Homelands), Section 248 (Indian Reservations), and Section 223(e) (Declining Neighborhoods).  Current Annual MIP and UFMIP remain unchanged for those excepted programs and products at this time.  To read ML 2012-04, please click here.

SOLUTIONS THAT WORK. TECHNOLOGY TO STAY COMPLIANT.