Over the past decade, the costs associated with servicing both performing and non-performing mortgages throughout the industry have increased significantly. This adversely impacts servicers as well as borrowers who have the costs passed onto them in the form of higher mortgage fees. This proposed rule would streamline the requirements related to curtailment of interest and other expenses incurred for missing certain servicing deadlines when filing a claim to HUD. These changes would reduce costs for forward mortgage and Home Equity Conversion Mortgage servicers significantly. This rule also proposes to establish deadlines that define FHA’s liability for claim payments for insurance benefits. This change would protect communities by reducing neighborhood blight caused by properties that sit vacant for extended periods of time and improve HUD's ability to manage the MMI Fund by reducing unnecessary holding costs to HUD.