🏡HUD's Notice on Modifications to Mortgage Insurance Records
Privacy Act of 1974; System of Records
Summary
Under the Privacy Act of 1974, as amended, the Department of Housing and Urban Development (HUD), Office Single-Family Program Development, is issuing a public notice of its intent to modify the system of records for the "Single Family Mortgage Insurance Origination System (SFMIOS)". SFMIOS combines the features of the: Computerized Homes Underwriting Management System (CHUMS)/Loan Application Management System (LAMS), Federal Housing Administration (FHA) and Connection (FHAC). The purpose of these modifications is to update the system of records authority for maintenance of the system and categories of records. The updates are explained in the "Supplementary Section" of this notice.
Agencies
- Housing and Urban Development Department
Business Impact
$$ - Med
The notice discusses modifications in HUD’s system of records for the Single Family Mortgage Insurance Origination System (SFMIOS), which could affect compliance and operational efficiency for businesses involved in mortgage insurance and related financial services. The updates impact record categories, retrieval policies, and data management, relevant to lenders and mortgage partners.