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Form HUD-27011 Part A. Claims will not be accepted with invalid entries. Error messages will appear. Attachment B Single Family Claims Input Help Part A Form HUD-27011 General information The Claim Input window can be used to enter Disposition claims and transmit them to HUD. It can be used for Part A of the following claim types only Conveyance Pre-foreclosure Mortgagees are fully responsible for the accuracy of any claims they file using this window. Electronic submission of the claim...constitutes certification that the statements and information contained in the claim are true and correct. Access to this function is granted upon mortgagee s request. The transmitter s ID will be stored with incoming transmissions. There will also be warnings to indicate that an entry is questionable. These warnings will not prevent transmission* Instructions for data entry Data Item 1. Claim type Valid Formats Default to appropriate Claim Type based upon web page selection* 2. FHA Case Number...NNN-NNNNNNN New Claim/Correction/Comments Select appropriate radio button 3. Section of Act Code NNNN 4. Default Reason Code reason from pull-down menu Description Required Enter full FHA Case Number assigned to loan including check digit if known* If unknown enter X for check digit. Select new claim if submitting claim for first time. Select Correction if submitting correction for previously transmitted claim* Select Comments if submitting comments only Enter the ADP Section of Act code with...leading zero. Codes are 1-15. 5. Endorsement Date 6. Date Form Prepared 7. Due Date of First Payment to Principal and Interest. a. Original b. Modified 8. Due Date of Last Complete Installment Paid 9. Date of Possession and Acquisition 10. Date deed or assignment filed 11. Date Foreclosure Proceeding a. Instituted b. Date of Deed MM/DD/YYYY and b. b. Not applicable 12. Holding Mortgagee Number Ten numeric characters 13. Servicer Mortgagee Number Ten numeric characters 14. Mortgagee Reference...Number 15. Mortgage Amount 17. Unpaid Loan Balance as of date in block 8. Up to 15 alphanumeric characters NNNNNNN*NN Numeric entry with 2 decimal places do not enter sign or commas. 9 digits numeric 18. Date of firm commitment 19. Expiration Date of Extension to Foreclosure/Assign 20. Date of Extension 21. Date of Release of Bankruptcy 22. Is Property Vacant Required for Claim Type 01 a Enter date foreclosure initiated if applicable. b Enter Date of Deed in Lieu if Optional for Claim Type 07...Enter the HUD ID for the mortgage holder Optional Enter mortgagee s loan number a Required for all claim types. Enter original mortgage amount. Enter the unpaid principal balance as of the due date of last paid installment Must be Yes or No 23. Date of Approval is No. 24. Is Property conveyed damaged 25. a* Date of Local HUD Office Approval* 25. b. Certification 26. Type of Damage 27. Recovery or Estimate 28. Is Mortgagee Successful Bidder 29. Deficiency Judgment Code 30. Authorized Bid Amount...Curtailment Date 33. Mortgagor Name 33. Mortgagor/Co-Mortgagor s SSN 33.

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Understanding the Forn HUD Form

What is the forn hud form

The forn hud form is a critical document used in the housing finance process, specifically for filing claims related to dispositions under the Department of Housing and Urban Development (HUD) guidelines. This form encompasses various claim types, including those for conveyance and pre-foreclosure. Accurate navigation and completion of the forn hud form ensure that mortgagees can successfully manage their claims while adhering to federal standards.

Key Features of the forn hud form

The forn hud form features several essential components designed to facilitate accurate submissions. These include detailed fields for FHA case numbers, claim types, and corresponding codes, which guide users through the process. Additionally, the form integrates a validation system that alerts users to any errors or questionable entries, promoting higher accuracy during processing.

How to Fill the forn hud form

Filling out the forn hud form requires careful attention to detail. Start by gathering required information, such as the FHA case number and the specific claim type. Enter valid codes as instructed, ensuring that all mandatory fields are completed. Review the completed form for any errors, paying close attention to the entries that could trigger validation warnings. Once all details are verified, the form is ready for submission.

Common Errors and Troubleshooting

Users of the forn hud form may encounter various common errors that can impede the submission process. Frequent issues include incorrect formatting of the FHA case number or failure to complete mandatory fields. To troubleshoot, review the form closely and utilize the error messages generated by the system. Correct identified problems before attempting to resubmit to avoid delays.

Best Practices for Accurate Completion

To ensure the accurate completion of the forn hud form, several best practices should be followed. Always verify that the FHA case number is correct and current. Take the time to read instructions thoroughly for each section of the form. It is also beneficial to cross-check entered information against reliable reference materials to maintain consistency and compliance with HUD requirements.

Who Needs the forn hud form

The forn hud form is primarily utilized by mortgagees who are managing housing claims with HUD. This includes financial institutions, housing authorities, and other entities involved in the mortgage process. Professionals in real estate and financial services will find this form particularly relevant as it relates directly to claims made in specific transaction scenarios.

Frequently Asked Questions about fornhud com form

What types of claims can be filed using the forn hud form?

The forn hud form can be used for various claims, notably those pertaining to conveyance and pre-foreclosure activities.

How can I ensure my forn hud form submission is successful?

To ensure successful submission, double-check that all required fields are filled out accurately, and refer to the validation prompts for any potential errors before submission.