Transcription of CHAPTER 7. FHA-APPROVED LENDERS AUDIT GUIDANCE 7-1
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REV-2 Change 22 7- 1 11/2020 CHAPTER 7. FHA-APPROVED LENDERS AUDIT GUIDANCE 7- 1 Program Objective. The Department of Housing and Urban Development (HUD) insures loans and mortgages made by private and governmental, financial, and mortgage lending institutions to finance the purchase, refinance, or construction of single-family homes and multifamily projects. HUD approves such institutions for participation in the Federal Housing Administration (FHA) insurance programs for Title I property improvement and manufactured housing loans and for Title II single-family and multifamily mortgages.
An independent auditor’s report on internal control over financial reporting based on an audit of financial statements. If the lender engages the auditor to ... This is prepared by ,the lenderusing the lender’s letterhead, and describes the corrective action taken or planned in response to the . 2000.04 REV-2 Change 22 .
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