HUD Servicing HB
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Multifamily Asset Management and Project Servicing
Multifamily Asset Management and Project Servicing,
is the primary handbook used by Field Office Loan Management multifamily
staff in carrying out their asset management and loan servicing responsibilities
in monitoring and assisting owners/managing agents to maintain projects
in good physical and financial condition. The Office of Multifamily Housing
Management administers most of the program activities discussed in this
handbook, but the Office of Elderly and Assisted Housing has responsibility for
administering direct loan and capital advance programs for the elderly and
This handbook provides general guidance for most of the
tasks associated with HUD's involvement in the affairs of multifamily projects.
The main focus of this handbook is on the HUD/mortgagor/managing agent
relationship, while other handbooks listed at the end of this Chapter provide
more specific guidance for most of the tasks associated with HUD's involvement
in the activities of multifamily projects. The chapter is divided into four
sections. Section One gives a general description of certain goals,
responsibilities, and relationships. Section Two reflects changing concepts
that have occurred in the housing industry and describes HUD Field Offices' role
in loan servicing and asset management in general terms. Section Three combines
the concepts developed in Sections One and Two and adds a discussion of project
residents in the context of asset management. Section Four outlines the new
organization of HUD Handbook 4350.1 and mentions other references used by HUD
multifamily management staff.
I can provide you with a copy of the
Handbook on a CD-ROM in Acrobat Reader Format. The Handbook consist of over
774 pages. You will be able to search
the Handbook by "topics" or "keyword" using Adobe Reader.
me by phone 301-277-3465 or by email at firstname.lastname@example.org
and I can discuss the status of your project.
03/26/2021 05:13:00 AM