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ML 2013-12: Lender Insurance Program

Mortgagee Letter 2013-12, published by HUD, explains the enhancements to the Lender Insurance program based on a Final Rule published in the Federal Register on January 25, 2012 (See 77 Fed. Reg. 3598).  A revised Lender Insurance Guide is attached to this Mortgagee Letter.  The revised Lender Insurance Guide provides additional details on initial and continuing eligibility for Lender Insurance, HUD monitoring of Lender Insurance program participants, and other topics discussed in this Mortgagee Letter.  The Lender Insurance Guide also provides information on the submission of case binders when required and other processing activities.

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