The mortgagee must submit all information updates to FHA using the Lender Electronic Assessment Portal (LEAP) on the Institution and corresponding Branch page. To make these updates, the mortgagee must have access to the FHA Connection. All information updates must be submitted within 10 business days of the change.
An information update is any change to a mortgagee’s basic institution or branch information in the FHA systems that can be directly managed by the mortgagee.
The mortgagee must submit Information updates, as applicable, for the following information:
• addresses for correspondence
• point of contact
• all other contact and identification information
• branch office information
• corporate officers
• principal/authorized agent relationships
• cash flow accounts
For information about using LEAP refer to the LEAP User Manual located at: http://www.hud.gov/lenders under the LEAP Information link in the Approvals & Renewals section.
Handbook 4000.1 I.A.7.a.-b.is available at http://portal.hud.gov/hudportal/HUD?src=/program_offices/administration/hudclips/handbooks/hsgh.