FHA - HUD Short Sales


FHA - HUD Short Sales

HUD rules for FHA short sales, tips, experiences, etc.

Fax LOA:  918-236-3274

PH 877 622-8525

Members: 578
Latest Activity: Aug 2

FHA Preforeclosure Sale Guidelines


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7-9-13 Updated Pre-Foreclosure Sale (PFS) and Deed in Lieu (DIL) of Foreclosure - Effective 10-1-13.

FHA National Servicing Center 

(877) 622-8525 Customer Service

1-800-489-1733 Fax

1-866-808-5050 Fax for LOA


301 NW 6th Street, Suite 200
Oklahoma City, OK 73102
National Servicing Center:


Please note that effective October 1, 2014, Deval LLC will no longer be HUD's National Servicing  loan servicing contractor. The new contractor, Novad Management Consulting will be your new point of contact.


For all Customer Service questions please contact [email protected]

FHA Contract Clause

"Sale is contingent upon the seller receiving prior written approval of Insert Name of Lender/Servicer."

FHA Listing Agreement Clause

“Seller may cancel this agreement prior to the ending date
of the listing period without advance notice to the broker, and
without payment of a commission or any other consideration if
the property is conveyed to the mortgage insurer or the mortgage
holder.” The sale completion is subject to approval (under HUD
guidelines) by the mortgagee.


Discussion Forum

FHA short sale with Partial Claim

Started by Mike Rosania. Last reply by Jim Stewart Feb 21. 10 Replies

Reverse Mortgage with HELOC

Started by Lisa Jalufka. Last reply by Brett Goldsmith Jan 31. 1 Reply

61 Days in Marketing, HUD refuses to accept less than 88% net - FSD in 2 days

Started by Robin M. Willis. Last reply by Dean E Eshelman, CPA, CDPE, IRES Dec 12, 2016. 3 Replies

Comment Wall


You need to be a member of FHA - HUD Short Sales to add comments!

Comment by Kevin - Greenville, SC on April 13, 2016 at 1:44pm

i agree Scott. It's sad that one has to resort to that when they should do the right thing in the first place.

Comment by Scott on April 13, 2016 at 1:38pm

I recommend incessantly berating them on Twitter until they do something about it.  It sounds ridiculous, but I've found it to be extremely effective!

Comment by Kevin - Greenville, SC on April 13, 2016 at 1:33pm

At that point in time you'll probably need to take it to the press, your local congressperson, shame them on social media and HUD in DC. They are losing the FHA $$ and their own publications bear that out.

Comment by Brett Goldsmith on April 13, 2016 at 1:30pm

We had ATP issued and spoke to the HUD director and escalation contact. It did not get us anywhere. Let me know if someone gets one of these "excessive delinquency denials" overturned !

Comment by Dean E Eshelman, CPA, CDPE, IRES on April 13, 2016 at 1:22pm

@jason I am like Kevin, I fight to the bitter end. If an ATP was issued someone can later say it was in error and to me that is just an excuse to not approve. Escalate, Escalate, twitter, FaceBook, CFPB everyone.

Comment by Kevin - Greenville, SC on April 13, 2016 at 1:16pm

So their current stance is so now they shoot themselves in their foot  because of the previous actions of the homeowner?

Comment by Kevin - Greenville, SC on April 13, 2016 at 1:14pm

A short sale is never over until the property is no longer in the seller's name. FHA has only two choices and they are foreclosure or short sale. the foreclosure historically nets them LESS than a short sale (this is taxpayer $). fight for it with everyone you can contact. the press, your state reps., etc., etc., etc.

Comment by Jason Sanseverino on April 13, 2016 at 1:08pm

Hi Dean  - thanks for your response. I was surprised that the ATP was issued - and I knew it was issued in error. Based on what I was told by HUD and Brett's response below - I believe this short sale is over.

Comment by Dean E Eshelman, CPA, CDPE, IRES on April 13, 2016 at 1:04pm

@jason. Just my opinion, but seems to me if the ATP was issued, that is an obligation to negotiate the short sale. Granted 10 years is a way long time and the reason why the homeower did not step forward sooner might be included in a statement. I certainly see why an extension of appraisal might be denied, but like I said they issued the ATP.

Comment by Jason Sanseverino on April 13, 2016 at 11:48am

Thanks Brett - Most of my FHA files are only 3-24 months past due. This is the 1st time I have encountered this.

I appreciate your response!


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