OPG 7.8 Certification of Closing Attorney FHA Insured

Multifamily Housing Mortgage and Housing Assistance Restructuring Program (Mark to Market)

OPG 7.8 Certification of Closing Attorney– FHA Insured

Participating Administrative Entities (PAE) Forms

OMB: 2502-0533

Document [pdf]
Download: pdf | pdf
OMB No. 2502-0533
(Exp, 09/30/2014)

Mark-to-Market
Certification of Closing Attorney– FHA Insured

Form 7.8

(PRINT ON ATTORNEY LETTERHEAD WITHOUT M2M BLACK HEADING)
(EXECUTE FORM 7.11 OR 7.14 IN ADDITION, AS APPROPRIATE)
CERTIFICATION OF CLOSING ATTORNEY
RE: LEGAL REQUIREMENTS FOR
ENDORSEMENT OF 223(A)(7)CREDIT INSTRUMENT

Re: FHA Project No. ______________
Project Name: ____________________
Location: ________________________

TO: ___________________________
OAHP Preservation Office Director
________________ Preservation Office

I am the attorney for _____________________________, Participating Administrative
Entity. I hereby certify that all of the legal requirements for closing set out in the Commitment
for FHA Mortgage Insurance and the OAHP Restructuring Commitment and M2M Operating
Procedures Guide have been met. All closing documents in this transaction that require
recordation have been duly filed of record in the proper order. I am in receipt of a policy of title
insurance effective as of this date, which names the Mortgagee and the Secretary of HUD as the
insured parties, and that insures that the Section 223(a)(7) Deed of Trust/Mortgage constitutes a
valid first lien. Your endorsement of the Deed of Trust/Mortgage Note for FHA mortgage
insurance is now in order. I acknowledge that the making of a false statement of fact in this
certification may lead to criminal prosecution or civil liability as provided pursuant to applicable
law, which may include 18 U.S.C. 1001, 1010, 1012; 13 U.S.C. 3729, 3802.

Date: ___________________

________________________________________
Attorney for ______________________________
Participating Administrative Entity
September 30, 2004

Form 7.8, Page 1

Public reporting burden for this collection of information is estimated to average 0.5 hour per
response, including the time for reviewing instructions, searching existing data sources,
gathering and maintaining the data needed, and completing and reviewing the collection of
information. This information is required to obtain benefits. The office of Multifamily Housing,
Office of Affordable Housing Preservation 451 7th Street SW, Room 6216 6230 Washington,
DC 20410. HUD may not collect this information, and you are not required to complete this
form, unless it displays a currently valid OMB control number. Title V of the Departments of
Veterans Affairs and Housing and Urban Development and Independent Agencies
Appropriations Act of 1988 (P.L.106 65, 111 Stat. 1384) authorizes the FHA Multifamily
Housing Mortgage and Housing Assistance Restructuring Program. HUD implemented a
statutory permanent program directed at FHA-insured multifamily projects that have projectbased Section 8contracts with above- market rents. The information collection is used to
determine criteria eligibility of FHA-insured multifamily properties for participation in the Mark
to Market program and the terms on which participation should occur. The purpose of the
program is to preserve low-income rental housing affordability while reducing the long-term
costs of Federal rental assistance. While no assurances of confidentiality are pledged to
respondents, HUD generally discloses this data only in response to a Freedom of Information
request.

September 30, 2004

Form 7.8, Page 2


File Typeapplication/pdf
File TitleCERTIFICATION OF CLOSING ATTORNEY
AuthorPatrica K. Bolster
File Modified2014-05-29
File Created2004-10-06

© 2024 OMB.report | Privacy Policy