{"abstract":"As part of HUD's efforts to strengthen the risk management practices of the Federal Housing Administration (FHA), HUD published a final rule on April 20, 2010, revising its regulations pertaining to the FHA-approval of mortgage lenders. The April 20, 2010, final rule increased the net worth requirement for FHA-approved lenders and mortgagees, eliminated HUD's approval of loan correspondents, and amended the general approval standards for lenders and mortgagees. This final rule makes several nonsubstantive clarifications and corrections to the provisions of the April 20, 2010, final rule. The changes will improve the clarity of HUD's regulatory requirements and, thereby, facilitate program participant compliance and improve HUD's ability to monitor and enforce its risk management regulations.","action":"Final rule; clarification and correction.","agencies":[{"raw_name":"DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT","name":"Housing and Urban Development Department","id":228,"url":"https://www.federalregister.gov/agencies/housing-and-urban-development-department","json_url":"https://www.federalregister.gov/api/v1/agencies/228","parent_id":null,"slug":"housing-and-urban-development-department"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2012/08/24/2012-20924.html","cfr_references":[{"chapter":null,"citation_url":null,"part":25,"title":24},{"chapter":null,"citation_url":null,"part":30,"title":24},{"chapter":null,"citation_url":null,"part":201,"title":24},{"chapter":null,"citation_url":null,"part":202,"title":24},{"chapter":null,"citation_url":null,"part":203,"title":24},{"chapter":null,"citation_url":null,"part":206,"title":24}],"citation":"77 FR 51465","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"Effective Date: September 24, 2012.","disposition_notes":null,"docket_ids":["Docket No. FR-5622-F-01"],"dockets":[],"document_number":"2012-20924","effective_on":"2012-09-24","end_page":51469,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2012/08/24/2012-20924.xml","html_url":"https://www.federalregister.gov/documents/2012/08/24/2012-20924/federal-housing-administration-strengthening-risk-management-through-responsible-fha-approved","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2012-20924?publication_date=2012-08-24","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2012-08-24/2012-20924/mods.xml","not_received_for_publication":null,"page_length":5,"page_views":{"count":598,"last_updated":"2026-10-22 22:15:04 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2012-08-24/pdf/2012-20924.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2012-20924.pdf?1345726542","publication_date":"2012-08-24","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2012/08/24/2012-20924.txt","regulation_id_number_info":{"2502-AJ13":null},"regulation_id_numbers":["2502-AJ13"],"regulations_dot_gov_info":{"supporting_documents":[],"comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=HUD-2009-0148","supporting_documents_count":0,"docket_id":"HUD-2009-0148","regulation_id_number":null,"title":"FR 5356–P–01 Federal Housing Administration: Continuation of FHA Reform; Strengthening Risk Management through Responsible FHA-Approved Lenders ","checked_regulationsdotgov_at":"2012-09-13T08:45:22Z"},"regulations_dot_gov_url":null,"significant":null,"signing_date":null,"start_page":51465,"subtype":null,"title":"Federal Housing Administration: Strengthening Risk Management Through Responsible FHA-Approved Lenders","toc_doc":"Strengthening Risk Management through Responsible FHAApproved Lenders","toc_subject":null,"topics":["Administrative practice and procedure","Aged","Claims","Condominiums","Grant programs-housing and community development","Hawaiian Natives","Health facilities","Historic preservation","Home improvement","Indians-lands","Loan programs-housing and community development","Manufactured homes","Mortgage insurance","Mortgages","Organization and functions (Government agencies)","Penalties","Reporting and recordkeeping requirements","Solar energy"],"type":"Rule","volume":77}