HUD released Mortgagee Letter 2005-42 as an update to ML 2003-17 (Elimination of paper mortgage insurance certificates and data integrity improvement).

Incremental changes were announced when the related system changes were completed in ML 2004-34 (Clarification of Mortgagee Letter 2003-17) and ML 2005-11 (Update To Mortgagee Letter 2003-17; Claim Filing Changes and Data Integrity Issues).

The last of these planned procedural and system changes relates to Mortgage Record Changes (MRCs) and is now ready for implementation.

To view the full content of Mortgagee Letter 2005-42 please click on the following link:

HUD ML 2005-42 - Update To Mortgagee Letter 2003-17; Submission of Mortgage Record Changes and Data Integrity Issues