The U.S. Department of Housing and Urban Development announced Monday that the Federal Housing Administration’s loan review system has been restored.
The system was shut down several weeks ago while efforts were made to resolve various document errors, according to the agency.
“The FHA has reverted review levels and reset response due dates to minimize the impact on lenders and FHA staff,” officials said., “The system shutdown reduced the number of active reviews that require resubmission of response documents; however, lenders may need to resubmit documents for some cases. Users may need to clear their internet browser caches to access the system.”
Officials said that for technical reasons, the FHA was unable to revert lender monitoring reviews and some additional loan reviews. Federal Housing Administration officials, they said, will work with individual lenders to make appropriate adjustments for those cases. Lenders with other specific requests should contact the FHA Resource Center.
Officials said that although loan review system errors have been resolved for new document uploads, lenders and FHA staff were still unable to access most documents submitted prior to the shutdown. System teams will continue to work on a solution that restores access to all documents in the loan review system, according to officials, and the FHA will communicate when a resolution has been achieved.
