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HUD/OH RIN: 2502-AJ47 Publication ID: Fall 2024 
Title: Federal Housing Administration (FHA): Single-Family Loan Sale Program (FR-6051)  
Abstract:

This rule codifies the FHA Single-Family Loan Sale program for assigning defaulted Single-Family mortgage loans to FHA and disposing of the assigned loans through competitive loan sales. The final rule takes into consideration comments provided by the public to streamline and ensure best practices in the loan sale program.  It also reflects stakeholder feedback from the years-long note sale demonstration program run by HUD as well as HUD’s public outreach during the demonstration that included informational sessions for nonprofits and other prospective bidders, listening sessions, and public-facing reports that have elicited engagement with the public.

 
Agency: Department of Housing and Urban Development(HUD)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 24 CFR ch. II, subchapter I     (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: 12 U.S.C. 1710   
Legal Deadline:  None
Timetable:
Action Date FR Cite
ANPRM  05/06/2019  84 FR 19748   
ANPRM Comment Period End  07/05/2019 
NPRM  07/16/2024  89 FR 57798   
NPRM Comment Period End  09/16/2024 
Final Action  03/00/2025 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
Public Comment URL: https://www.regulations.gov/docket?D=HUD-2019-0039  
RIN Data Printed in the FR: No 
Agency Contact:
John Lucey
Director, Office of Asset Sales
Department of Housing and Urban Development
451 7th Street SW,
Washington, DC 20410
Phone:202 708-2625