Data / Federal rules / 2024-08648

Revision of Investing Lenders and Investing Mortgagees Requirements and Expansion of Government-Sponsored Enterprises Definition

The Housing and Urban Development Department published this final rule in the Federal Register on April 23, 2024. It took effect on May 23, 2024.

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What the agency says

This rule amends the requirements for investing lenders and investing mortgagees to gain or maintain their status as a Federal Housing Administration (FHA) approved lender or mortgagee. This revision makes FHA's approval requirements consistent with investing mortgagees' and investing lenders' risk, reduces barriers to FHA approval for new investing mortgagees and investing lenders, and increases access to capital for all FHA-approved mortgagees and lenders. HUD is clarifying that the general annual certification requirement for lenders and mortgagees is applicable to investing lenders and investing mortgagees. HUD is also defining Government- Sponsored Enterprises (GSEs) separately from other governmental-type entities to ensure that FHA requirements specific to loan origination do not apply to GSEs. Finally, HUD is eliminating obsolete language related to lender and mortgagee net worth requirements. This final rule adopts HUD's July 18, 2023, proposed rule with minor revisions.

Key facts

Document number: 2024-08648
Type: Final rule
Action: Final rule
Agency: Housing and Urban Development Department
Published: April 23, 2024
Takes effect: May 23, 2024
Dates: Effective: May 23, 2024.
Docket: Docket No. FR-6291-F-02
Regulation ID (RIN): 2502-AJ60
Code of Federal Regulations: 24 CFR 5; 24 CFR 202
Topics: Administrative practice and procedure; Aged; Claims; Crime; Government contracts; Grant programs-housing and community development; Home improvement; Individuals with disabilities; Intergovernmental relations; Loan programs-housing and community development; Low and moderate income housing; Manufactured homes; Mortgage insurance; Penalties; Pets; Public housing; Rent subsidies; Reporting and recordkeeping requirements; Social security; Unemployment compensation; Wages
Pages: 6

The document on federalregister.gov PDF

Other documents from the Housing and Urban Development Department

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Section 3 Benchmarks for Creating Economic Opportunities for Low- and Very Low-Income Persons and Eligible Businesses 2026-20374	Final rule	Oct 5
Section 108 Loan Guarantee Program: Announcement of Fee To Cover Credit Subsidy Costs for FY 2027 2026-19743	Final rule	Sep 28
Revising HUD's Noise Abatement and Control Regulations; Correcting Amendment 2026-16967	Final rule	Aug 20
HUD's Implementation of the Fair Housing Act's Disparate Impact Standard; Amendments to HUD's Title VI Regulations 2026-16228 · significant	Proposed rule	Aug 10
Rescission of Floodplain Management and Protection of Wetlands; Minimum Property Standards for Flood Hazard Exposure; Building to the Federal Flood Risk Management Standard 2026-13939 · significant	Proposed rule	Jul 10
Revising the Definition of “Manufactured Home” to Lower Housing Costs 2026-11851	Proposed rule	Jun 12
Revising HUD's Noise Abatement and Control Regulations 2026-11849	Final rule	Jun 12
Regulation for Federal Financial Assistance 2026-10817	Proposed rule	May 29

Everything from the Housing and Urban Development Department · Rules on administrative practice and procedure · Rules on aged · Rules on claims · Published in April 2024

Read from the Federal Register API, last updated 2026-10-23. The document on federalregister.gov is the official record; dates and dockets can change through later corrections. Free to reuse with credit to SpecStream under CC BY 4.0.