HUD Document Custodian Alert

Cenlar has learned that clients may have received a letter from the U.S. Department of Housing and Urban Development (HUD) indicating the agency had not received various documents, including Promissory Notes, Partial Claim Notes and Partial Claim Mortgages, within 60 days of being executed. We are waiting on more information from HUD but believe this issue is related to their new document custodian and has impacted our organization and other mortgage servicers.

Cenlar will let you know as soon as we have more information.