What are the operating requirements for FHA approved Mortgagees?

A mortgagee must comply with the operating requirements and restrictions in Handbook 4000.1 Section I.A.6 for its FHA business operations in addition to continuing to operate in full compliance with the eligibility requirements outlined Handbook 4000.1.

Handbook 4000.1 is available at http://portal.hud.gov/hudportal/HUD?src=/program_offices/administration/hudclips/handbooks/hsgh.