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What is HUDs process for accepting a DIL of foreclosure on an asset that is “structurally damaged”?

April 26, 2017accepting ASSET dil foreclosure HUD process

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What is HUDs process for accepting a DIL of foreclosure on an asset that is “structurally damaged”?

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For servicing purposes, the mortgagee is to substantiate this business decision within the mortgagee’s quality control plan. For conveyance purposes, the mortgagee is to seek approval from the REO Division Director with jurisdiction over the property.