The Real Estate Store LLC

Information to share from FHA INFO 2025-49, October 1, 2025:
(note the ** items)

Servicing, Claims, and Asset Management

The following servicing, claims, and asset management business processes will be ***available during the shutdown, but with limited staff availability and longer wait times for assistance***:

Submissions of Monthly Mortgage Insurance Premiums (MMIP);
MIP refunds to borrowers;
Claims filing and payments;
Conveyance and property preservation activities;
HUD Secretary-Held HECM loan payments to borrowers;
** HUD Real Estate Owned (REO) listings and sales;
HUD Secretary-held notes and mortgage servicing;
Extension and variance processing in the Extensions and Variances Automated Requests System (EVARS); and
Payoff statement and subordination requests for Secretary-held liens, including Partial Claims.


The following processes will be ***unavailable for the duration of the shutdown***:

** Principal Broker Name and Address Identification Number (NAID) new application processing.

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