DENVER HOMEOWNERSHIP CENTER

SINGLE FAMILY HOUSING

UNDERWRITING INDEX (S -- Z)

(Revised May 1, 2006)

+-------------------------------------+------------------+------------+
| # SUBJECT                           | **HANDBOOK**     | *          |
|                                     |                  | *MORTGAGEE |
|                                     | **(HB)**         | LETTER     |
|                                     |                  | (ML)**     |
+-------------------------------------+------------------+------------+
| ## S                                |                  |            |
+-------------------------------------+------------------+------------+
| SALES CONCESSION                    |                  | ML 05-02   |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| SALES CONCESSION (Paid by seller)   | HB 4155.1,       |            |
|                                     | Section 1-7B     |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| SECONDARY FINANCING                 | HB 4155.1,       |            |
|                                     | Section 1-13     |            |
|                                     |                  |            |
|                                     | HB 4000.2,       |            |
|                                     | Section 1-14     |            |
+-------------------------------------+------------------+------------+
| Federal, State, Local Government    | HB 4155.1,       | Memo       |
|                                     | Section 1-13A    | 8-23-01    |
|                                     |                  |            |
|                                     | HB 4000.2,       |            |
|                                     | Section 1-14     |            |
+-------------------------------------+------------------+------------+
| Non-profit Agencies                 | HB 4155.1,       | ML 00-08;  |
|                                     | Section 1-13B    |            |
|                                     |                  | Memo       |
|                                     | HB 4000.2,       | 8-23-01    |
|                                     | Section 1-14B    |            |
+-------------------------------------+------------------+------------+
| Other Organization & Individuals    | HB 4155.1,       |            |
|                                     | Section 1-13C    |            |
|                                     |                  |            |
|                                     | HB 4000.2,       |            |
|                                     | Section 1-14C    |            |
+-------------------------------------+------------------+------------+
| Family                              | HB 4155.1,       | ML 96-58   |
|                                     | Section 1-13E    |            |
|                                     |                  |            |
|                                     | HB 4000.2,       |            |
|                                     | Section 1-14E    |            |
+-------------------------------------+------------------+------------+
| Balloon Payment                     |                  | ML 96-58   |
+-------------------------------------+------------------+------------+
| Definition                          |                  | ML 96-58   |
+-------------------------------------+------------------+------------+
| 60 Years of Age or Older            | HB 4000.2,       |            |
|                                     | Section 1-14D    |            |
+-------------------------------------+------------------+------------+
| Secured                             |                  | ML 97-27   |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| SECONDARY RESIDENCE                 | HB 4155.1,       |            |
|                                     | Section 1-3      |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| SECTION 203 (H) (Also see disaster) | HB 4000.2,       | ML 01-07   |
|                                     | Section 6-3;     |            |
|                                     |                  |            |
|                                     | HB 4330.1, Chap. |            |
|                                     | 14;              |            |
|                                     |                  |            |
|                                     | HB 4240.1,       |            |
|                                     | Chaps. 1 & 2     |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| SECTION 203(i) Outlying Areas       | HB 4000.2,       |            |
|                                     | Section 6-4      |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| SECTION 203(K)                      | HB 4240.1        |            |
|                                     |                  |            |
|                                     | HB 4000.2,       |            |
|                                     | Section 6-5      |            |
+-------------------------------------+------------------+------------+
| Administration                      |                  | ML 98-11   |
+-------------------------------------+------------------+------------+
| Application, Architectural          | HB 4150.2,       |            |
| documents                           |                  |            |
|                                     | App. B, B1C      |            |
+-------------------------------------+------------------+------------+
| Appraisals                          | HB 4150.2,       | ML 95-40   |
|                                     |                  |            |
|                                     | App. B, B-1      |            |
+-------------------------------------+------------------+------------+
| # SUBJECT                           | **HANDBOOK**     | *          |
|                                     |                  | *MORTGAGEE |
|                                     | **(HB)**         | LETTER     |
|                                     |                  | (ML)**     |
+-------------------------------------+------------------+------------+
| SECTION 203(K) (Continued)          |                  |            |
+-------------------------------------+------------------+------------+
| Assumptions                         |                  | ML 96-18,  |
|                                     |                  | #II        |
+-------------------------------------+------------------+------------+
| Borrower's Acknowledgment           |                  | MLs 95-40, |
|                                     |                  | #IX;       |
|                                     |                  |            |
|                                     |                  | 94-11      |
+-------------------------------------+------------------+------------+
| Borrower as Contractor              |                  | ML 98-22,  |
|                                     |                  | #3         |
+-------------------------------------+------------------+------------+
| Business Usage                      | HB 4150.2, Appx  |            |
|                                     | B                |            |
+-------------------------------------+------------------+------------+
| Cash Back                           |                  | ML 92-33   |
+-------------------------------------+------------------+------------+
| Chain of Title                      |                  | MLs 00-25; |
|                                     |                  |            |
|                                     |                  | 95-40,     |
|                                     |                  | Page 6     |
+-------------------------------------+------------------+------------+
| Condominiums                        | HB 4150.2,       | ML 95-40   |
|                                     |                  |            |
|                                     | App. B, B-1      |            |
+-------------------------------------+------------------+------------+
| Conditional Commitment              |                  | ML 94-11,  |
|                                     |                  | #7         |
+-------------------------------------+------------------+------------+
| Value                               | HB 4240.4,       | ML 95-40,  |
|                                     | Section 4-2      | #13        |
+-------------------------------------+------------------+------------+
| Conflict of Interest                |                  | ML 00-25   |
+-------------------------------------+------------------+------------+
| Consultant                          | HB 4150.1,       |            |
|                                     |                  |            |
|                                     | App. B, B-1      |            |
+-------------------------------------+------------------+------------+
| Contingency Reserve                 | HB 4240.4,       |            |
|                                     | Section 1-9F     |            |
+-------------------------------------+------------------+------------+
| Conversions from Multi/Family       |                  | ML 96-21   |
+-------------------------------------+------------------+------------+
| Development Fees                    |                  | ML 96-21   |
+-------------------------------------+------------------+------------+
| Discount Points                     |                  | ML 94-11,  |
|                                     |                  | #11        |
+-------------------------------------+------------------+------------+
| Disaster Relief                     |                  | MLs 01-07; |
|                                     |                  |            |
|                                     |                  | 96-18, #II |
+-------------------------------------+------------------+------------+
| Draw Requests/Escrow                |                  | ML 95-40,  |
|                                     |                  | #II        |
+-------------------------------------+------------------+------------+
| Discounted Sales Price              |                  | ML 96-18,  |
|                                     |                  | #II        |
+-------------------------------------+------------------+------------+
| Energy Efficient Mortgage           |                  | ML 95-40,  |
|                                     |                  | Page 8     |
+-------------------------------------+------------------+------------+
| Cost of Energy Improvements         |                  | ML 98-2    |
| Financed                            |                  |            |
+-------------------------------------+------------------+------------+
| Required Write Up                   |                  | ML 98-2    |
+-------------------------------------+------------------+------------+
| Escrow Commitment -- Procedure      |                  | MLs 96-21; |
|                                     |                  | 95-40      |
+-------------------------------------+------------------+------------+
| Fees                                | HB 4240.4,       | ML 95-40   |
|                                     | Section 1-13     |            |
+-------------------------------------+------------------+------------+
| Holdback                            | HB 4240.4,       |            |
|                                     | Section 1-9E     |            |
+-------------------------------------+------------------+------------+
| Homeowner/Contractor Agreement      |                  | ML 98-11   |
+-------------------------------------+------------------+------------+
| Housing & Non-profit Agencies       |                  | ML 96-21   |
| (Resale)                            |                  |            |
+-------------------------------------+------------------+------------+
| HUD-owned Properties                |                  | MLs 95-40; |
|                                     |                  | 97-05      |
+-------------------------------------+------------------+------------+
| Appraisals                          |                  | ML 95-40,  |
|                                     |                  | #III       |
+-------------------------------------+------------------+------------+
| Closing Costs                       |                  | ML 95-40,  |
|                                     |                  | #III       |
+-------------------------------------+------------------+------------+
| Lead-based Paint                    |                  | Notice     |
|                                     |                  | 01-01      |
+-------------------------------------+------------------+------------+
| Maximum Mortgage 203(k)             |                  | Notice     |
|                                     |                  | 98-32      |
+-------------------------------------+------------------+------------+
| Investor 75%/85%                    |                  | Notice     |
|                                     |                  | 98-32      |
+-------------------------------------+------------------+------------+
| Refinance W/203(k)                  |                  | ML 92-33   |
+-------------------------------------+------------------+------------+
| Identity of Interest                | HB 4240.2,       | MLs 95-40, |
|                                     | Section 1-20     | Page 6;    |
|                                     |                  | 97-05      |
+-------------------------------------+------------------+------------+
| Investor Moratorium                 |                  | ML 96-59   |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| # SUBJECT                           | **HANDBOOK**     | *          |
|                                     |                  | *MORTGAGEE |
|                                     | **(HB)**         | LETTER     |
|                                     |                  | (ML)**     |
+-------------------------------------+------------------+------------+
| SECTION 203(K) (Continued)          |                  |            |
+-------------------------------------+------------------+------------+
| Lead-based Paint                    |                  | MLs 00-01; |
|                                     |                  | 99-22;     |
|                                     |                  |            |
|                                     |                  | 99-18;     |
|                                     |                  | Notice     |
|                                     |                  | 01-01      |
+-------------------------------------+------------------+------------+
| Lender Issues                       |                  | ML 95-40,  |
|                                     |                  | #II        |
+-------------------------------------+------------------+------------+
| Agents                              |                  | ML 95-40,  |
|                                     |                  | #II        |
+-------------------------------------+------------------+------------+
| Employees                           |                  | ML 97-26   |
+-------------------------------------+------------------+------------+
| Loan Administration                 |                  | ML 98-11,  |
|                                     |                  | #3         |
+-------------------------------------+------------------+------------+
| Funds Disbursement                  |                  | ML 98-11,  |
|                                     |                  | #3         |
+-------------------------------------+------------------+------------+
| Homeowner/Contractor Agreement      |                  | ML 98-11,  |
|                                     |                  | \# 3       |
+-------------------------------------+------------------+------------+
| Quality Control                     |                  | ML 98-11,  |
|                                     |                  | #3         |
+-------------------------------------+------------------+------------+
| Self-Help Agreement                 |                  | MLs 98-11, |
|                                     |                  | #3;        |
|                                     |                  |            |
|                                     |                  | 94-11, 15  |
+-------------------------------------+------------------+------------+
| Underwriting                        |                  | ML 98-11   |
+-------------------------------------+------------------+------------+
| Loan Calculation                    |                  | ML 98-29   |
+-------------------------------------+------------------+------------+
| Mixed Use                           | HB 4150.2,       | ML 95-40,  |
|                                     |                  | #III       |
|                                     | App. B           |            |
+-------------------------------------+------------------+------------+
| Mortgage Basis (Maximum)            |                  | ML 97-05   |
+-------------------------------------+------------------+------------+
| Mortgage Payment                    | HB 4240.4,       | ML 96-21   |
|                                     | Section 1-9G     |            |
+-------------------------------------+------------------+------------+
| Net Development Cost (Also see      |                  | MLs 97-05; |
| Development Cost)                   |                  | 96-21      |
+-------------------------------------+------------------+------------+
| Non-profit Agencies                 |                  | MLs 95-40, |
|                                     |                  | Page 6;    |
|                                     |                  | 96-21;     |
|                                     |                  | 97-05      |
+-------------------------------------+------------------+------------+
| 10-Unit Limitation                  |                  | ML 00-08   |
+-------------------------------------+------------------+------------+
| Partnerships                        |                  | ML 95-40,  |
|                                     |                  | Page 6     |
+-------------------------------------+------------------+------------+
| Plan Reviewer's Duties              | HB 4240.4,       |            |
|                                     |                  |            |
|                                     | Sections 1-4,    |            |
|                                     | 3-2F             |            |
+-------------------------------------+------------------+------------+
| Property Eligibility                | HB 4150.2,       |            |
|                                     |                  |            |
|                                     | App. B, B-1      |            |
+-------------------------------------+------------------+------------+
| Recently Acquired (\<6months)       |                  | ML 95-40   |
+-------------------------------------+------------------+------------+
| Refinance                           | HB 4240.4,       |            |
|                                     |                  |            |
|                                     | Sections 1-5 &   |            |
|                                     | 4-7              |            |
+-------------------------------------+------------------+------------+
| Rehabilitation Costs                | HB 4240.4,       |            |
|                                     | Section 1-10B    |            |
+-------------------------------------+------------------+------------+
| REO                                 | HB 4150.2,       | ML 00-27   |
|                                     | Section 3-6A.5   |            |
+-------------------------------------+------------------+------------+
| Repairs (Eligible/Ineligible)       | HB 4150.2,       |            |
|                                     |                  |            |
|                                     | App. B, B-1A;    |            |
|                                     |                  |            |
|                                     | HB 4240.4,       |            |
|                                     | Section 1-7      |            |
+-------------------------------------+------------------+------------+
| Self-Help Agreement                 |                  | ML 98-11,  |
|                                     |                  | #3         |
+-------------------------------------+------------------+------------+
| Seven Unit Limitation               |                  | MLs 96-21, |
|                                     |                  | 96-23      |
+-------------------------------------+------------------+------------+
| Streamlined 203(k)                  |                  | ML 05-19   |
+-------------------------------------+------------------+------------+
| Storm Shelters                      |                  | ML 94-11,  |
|                                     |                  | #15        |
+-------------------------------------+------------------+------------+
| Sweat Equity                        |                  | ML 00-04   |
+-------------------------------------+------------------+------------+
| Test Cases (DE)                     | HB 4240.4,       | MLs 98-11, |
|                                     | Section 1-19     | #3;        |
|                                     |                  |            |
|                                     |                  | 94-11, 17  |
+-------------------------------------+------------------+------------+
| Value                               | HB 4240.4,       |            |
|                                     | Section 4-2      |            |
+-------------------------------------+------------------+------------+
| # SUBJECT                           | **HANDBOOK**     | *          |
|                                     |                  | *MORTGAGEE |
|                                     | **(HB)**         | LETTER     |
|                                     |                  | (ML)**     |
+-------------------------------------+------------------+------------+
| SECTION 203(K) (Continued)          |                  |            |
+-------------------------------------+------------------+------------+
| As-Is                               |                  | ML 94-11,  |
|                                     |                  | #7         |
+-------------------------------------+------------------+------------+
| As Repaired                         | HB 4150.2,       |            |
|                                     |                  |            |
|                                     | App. B, B-1      |            |
+-------------------------------------+------------------+------------+
| Conditional Commitment              | HB 4240.4,       |            |
|                                     | Section 4-2      |            |
+-------------------------------------+------------------+------------+
| Work Write-Up                       |                  |            |
+-------------------------------------+------------------+------------+
| EEM                                 |                  | ML 98-02   |
+-------------------------------------+------------------+------------+
| REO Lead-based Paint                |                  | Notice     |
|                                     |                  | 01-01      |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| SECTION 203(n) Single-Family        | HB 4000.2,       |            |
| Cooperative                         | Section 6-6      |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| SECTION 203 (K) Limited Repair      |                  | ML 05-19   |
| Program                             |                  |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| SECTION 220(d)(3)(A) Urban Renewal  | HB 4000.2,       |            |
|                                     | Section 6-7      |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| SECTION 220(h) Improvement Urban    | HB 4000.2,       |            |
| Renewal                             | Section 6-8      |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| SECTION 221 (d)(2)                  |                  |            |
+-------------------------------------+------------------+------------+
| Elimination of Program              |                  | ML 01-05   |
+-------------------------------------+------------------+------------+
| Refinance                           | HB 4150.1,       |            |
|                                     | Section 2-10     |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| SECTION 223(e) Miscellaneous        | HB 4150.2,       |            |
| Housing Insurance                   |                  |            |
|                                     | Sections 6-11 &  |            |
|                                     | 2-20;            |            |
|                                     |                  |            |
|                                     | HB 4260.1;       |            |
|                                     |                  |            |
|                                     | HB 4000.2,       |            |
|                                     | Section 2-12     |            |
|                                     |                  |            |
|                                     | HB 4000.2,       |            |
|                                     | Section 6-9      |            |
+-------------------------------------+------------------+------------+
| Appraisal                           | HB 4150.2,       | ML 93-29,  |
|                                     |                  | #6         |
|                                     | App. B-3         |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| SECTION 233 Experimental Housing    | HB 4000.2,       |            |
|                                     | Section 6-10     |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| SECTION 234(c) Condominium Units    | HB 4000.2,       |            |
|                                     | Section 6-11     |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| SECTION 235                         |                  |            |
+-------------------------------------+------------------+------------+
| Attachments (Superseding)           |                  | ML 96-13   |
+-------------------------------------+------------------+------------+
| Discounts Points                    |                  | MLs 95-53; |
|                                     |                  | 96-13      |
+-------------------------------------+------------------+------------+
| Junior Liens                        |                  | ML 96-13   |
+-------------------------------------+------------------+------------+
| Inspections                         |                  | ML 95-34   |
+-------------------------------------+------------------+------------+
| Refinancing to 203(b)               | HB 4155.1,       | MLs 96-13; |
|                                     |                  | 95-53;     |
|                                     | Section          | 93-3;      |
|                                     | 1-12D(20)        | 91-22      |
+-------------------------------------+------------------+------------+
| Servicing Errors                    |                  | ML 89-25   |
+-------------------------------------+------------------+------------+
| # SUBJECT                           | **HANDBOOK**     | *          |
|                                     |                  | *MORTGAGEE |
|                                     | **(HB)**         | LETTER     |
|                                     |                  | (ML)**     |
+-------------------------------------+------------------+------------+
| SECTION 238 Military Impacted Areas | HB 4000.2,       |            |
| (MIAs)                              | Section 6-12     |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| SECTION 245 (a) GPMs & GEMs         | HB 4000.2,       |            |
|                                     | Section 6-13     |            |
+-------------------------------------+------------------+------------+
| GEMs -- Negative Amortization       | HB 4000.2,       |            |
|                                     | Section 6-13B    |            |
+-------------------------------------+------------------+------------+
| GPMs -- Household Incomes Expected  | HB 4000.2,       |            |
| to Rise                             | Section 6-13A    |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| SECTION 247 Hawaiian Home Lands     | HB 4000.2,       |            |
|                                     | Section 6-14     |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| SECTION 248 Indian Lands            | HB 4000.2,       | ML 94-6    |
|                                     | Section 6-15     |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| SECTION 251 ARMS                    | HB 4000.2,       |            |
|                                     | Section 6-16     |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| SECTION 255 Home Equity Conversion  | HB 4000.2,       |            |
| Mortgage                            | Section 6-17     |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| SECTION 518A                        |                  | ML 95-14   |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| SECTION 8 Multi/Family              |                  | MLs 05-22; |
|                                     |                  | 01-20      |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| SECURITY INSTRUMENT (Mortgage Note) | HB 4000.2,       |            |
|                                     | Section 1-12     |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| SELLER PAID HOA DUES (PREPAIDS)     |                  | ML 97-26   |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| SELLER CONCESSIONS                  |                  | ML 05-02   |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| SELLER CONTRIBUTIONS/CONCESSIONS    | HB 4155.1,       |            |
|                                     | Section 1-7A     |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| SEPTIC                              |                  |            |
+-------------------------------------+------------------+------------+
| Acceptability Criteria              | HB 4150.2,       |            |
|                                     |                  |            |
|                                     | Sections 3-6A    |            |
|                                     | (3) & (5)        |            |
+-------------------------------------+------------------+------------+
| Distance To                         |                  | ML 02-25   |
+-------------------------------------+------------------+------------+
| Inspections                         | HB 4145.1,       |            |
|                                     | Section 2-5;     |            |
|                                     |                  |            |
|                                     | HB 4150.2,       |            |
|                                     |                  |            |
|                                     | Section 3-6A(3)  |            |
+-------------------------------------+------------------+------------+
| Systems                             | HB 4150.1,       |            |
|                                     | Section 12-16    |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| SETTLEMENT REQUREMENTS              | HB 4155.1,       |            |
|                                     | Section 1-9      |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| # SUBJECT                           | **HANDBOOK**     | *          |
|                                     |                  | *MORTGAGEE |
|                                     | **(HB)**         | LETTER     |
|                                     |                  | (ML)**     |
+-------------------------------------+------------------+------------+
| SEVEN-UNIT LIMITATION               | HB 4000.2,       |            |
|                                     | Section 3-7A     |            |
+-------------------------------------+------------------+------------+
| Geographic Radius- 2 Block          |                  | ML 96-46   |
+-------------------------------------+------------------+------------+
| Exclusion, Redevelopment/203(k),    |                  | MLs 96-23; |
| Waivers                             |                  | 91-26      |
+-------------------------------------+------------------+------------+
| Non-profit                          |                  | ML 00-08   |
+-------------------------------------+------------------+------------+
| Waivers                             |                  | ML 96-21   |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| SIGNATURE LOANS                     | HB 4155.1,       |            |
|                                     | Section 2-10     |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| SOCIAL SECURITY NUMBERS             |                  |            |
+-------------------------------------+------------------+------------+
| Evidence                            | HB 4155.1,       |            |
|                                     | Section 3-1B     |            |
+-------------------------------------+------------------+------------+
| Non-profit Agency                   |                  | ML 00-08   |
+-------------------------------------+------------------+------------+
| Validation                          |                  | ML 04-17   |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| SOCIAL SECURITY INCOME (Grossing    | HB 4155.1,       |            |
| Up)                                 | Section 2-7Q     |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| SOLAR ENERGY SYSTEM                 | HB 4155.1,       |            |
|                                     | Section 1-7C3    |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| SPECIAL ASSESSMENTS                 | HB 4150.1,       |            |
|                                     |                  |            |
|                                     | Sections 3-13    |            |
|                                     | Thru 3-15        |            |
|                                     |                  |            |
|                                     | 4150.2, Section  |            |
|                                     | 2-1N             |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| SPECIAL INFORMATION BOOKLET         |                  | RESPA      |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| SPECIAL PROGRAM IDENTIFIER CODE     | HB 4000.2, App.  |            |
|                                     | V                |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| SPOT-LOAN (CONDO)                   |                  | ML 96-41   |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| STORM SHELTERS (Compensating        |                  | ML 00-04   |
| Factor)                             |                  |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| STREAMLINE REFIANCE                 | HB 4155.1,       |            |
|                                     | Section 1-12     |            |
+-------------------------------------+------------------+------------+
| EEM                                 | Hb 4155.1,       |            |
|                                     |                  |            |
|                                     | Section 2-20A4K  |            |
+-------------------------------------+------------------+------------+
| Underwritten by TOTAL               |                  | ML 04-44   |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| STRUCTURAL DEFECTS                  | HB 4155.2,       |            |
|                                     |                  |            |
|                                     | Section 3-6A(6), |            |
|                                     | (8)              |            |
+-------------------------------------+------------------+------------+
| New Construction                    |                  | ML 95-14   |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| STUDENT LOANS (Deferred             | HB 4155.1 2-11C  |            |
| Obligations)                        |                  |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| # SUBJECT                           | **HANDBOOK**     | *          |
|                                     |                  | *MORTGAGEE |
|                                     | **(HB)**         | LETTER     |
|                                     |                  | (ML)**     |
+-------------------------------------+------------------+------------+
| SUBORDINATE FINANCING               | HB 4155.1,       |            |
|                                     | Section 1-13     |            |
+-------------------------------------+------------------+------------+
| Governmental Agencies               | HB 4155.1,       |            |
|                                     | Section 1-13A    |            |
+-------------------------------------+------------------+------------+
| Investor Refinancing                | HB 4155.1,       |            |
|                                     |                  |            |
|                                     | Section          |            |
|                                     | 1-12D(12)        |            |
+-------------------------------------+------------------+------------+
| No Cash-out Refinance W/Appraisal   | HB 4155.1,       |            |
|                                     | Section 1-11A    |            |
+-------------------------------------+------------------+------------+
| Non-profit Agencies                 | HB 4155.1,       |            |
|                                     | Section 1-13B    |            |
+-------------------------------------+------------------+------------+
| Other Organizations/Individuals     | HB 4155.1,       |            |
|                                     | Section 1-13C    |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| SUSPENSIONS/DEBARMENTS              | HB 4155.1,       |            |
|                                     | Section 2-5A     |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| SWEAT EQUITY                        | HB 4155.1,       |            |
|                                     | Section 2-10O    |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| SYSTEMS                             | HB 4150.2,       |            |
|                                     | Section 1-2,     |            |
| (Functional/Mechanical              |                  |            |
| Certifications)                     | App. D, D-2      |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| ## T                                |                  |            |
+-------------------------------------+------------------+------------+
| TAX ID \# (TIN)                     |                  | ML 00-08   |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| TAX LIENS                           | HB 4155.1,       |            |
|                                     | section 2-5B     |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| TAXES -- ADVANCE PAYMENT (By        |                  | ML 97-26   |
| Others)                             |                  |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| TAXES -- ESCROW (New Construction   |                  | ML 04-28   |
| Properties)                         |                  |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| TAX SERVICE FEE                     | HB 4330.1,       | ML 94-7    |
|                                     | Section 4-12b    |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| TEACHER-NEXT-DOOR                   |                  | ML 00-27   |
|                                     |                  |            |
|                                     |                  | Notice     |
|                                     |                  | 99-30      |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| TERM OF FIRM COMMITMENT             | HB 4000.2,       |            |
|                                     | Section 3-8A2    |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| TERMITES                            | HB 4150.2,       | ML 97-40   |
|                                     | Section 3-6A     |            |
+-------------------------------------+------------------+------------+
| New Construction                    |                  | ML 01-04   |
+-------------------------------------+------------------+------------+
| Builder's Warranty                  |                  | ML 99-03   |
+-------------------------------------+------------------+------------+
| Methods/Areas of Treatment          |                  | ML 01-04   |
+-------------------------------------+------------------+------------+
| Soil Treatment-Well                 | HB 4150.1,       |            |
|                                     | Section 12-11    |            |
+-------------------------------------+------------------+------------+
| Wood Destroying Insect Inspection   | FHA Connection   |            |
| Report,                             | Message Board    |            |
|                                     | 1/13/05          |            |
| Form NPMA-33 (Replaces NPCA-1)      |                  |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| # SUBJECT                           | **HANDBOOK**     | *          |
|                                     |                  | *MORTGAGEE |
|                                     | **(HB)**         | LETTER     |
|                                     |                  | (ML)**     |
+-------------------------------------+------------------+------------+
| TEST CASES                          |                  |            |
+-------------------------------------+------------------+------------+
| 15 Acceptable Cases                 | HB 4000.4,       |            |
|                                     |                  |            |
|                                     | Sections         |            |
|                                     | 2-10A(3),4-12C   |            |
+-------------------------------------+------------------+------------+
| Section 203(k) DE                   | HB 4240.4,       |            |
|                                     | Section 1-19     |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| TIER RANKING SCORES                 |                  | ML 05-47   |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| TIERED FINANCING                    | HB 4155.1, Page  |            |
|                                     | 3-12             |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| TIME SHARE PROPERTY (Not counted as |                  |            |
| Real Estate for foreclosure         |                  |            |
| purposes)                           |                  |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| TITLE                               |                  |            |
+-------------------------------------+------------------+------------+
| Corporation                         |                  |            |
+-------------------------------------+------------------+------------+
| Exceptions/Waivers                  | HB 4165.1, Chap. |            |
|                                     | 8                |            |
+-------------------------------------+------------------+------------+
| Living Trusts                       | HB 4155.1,       |            |
|                                     | Section 2-2F     |            |
+-------------------------------------+------------------+------------+
| Waiver Objections                   | HB 4000.2,       |            |
|                                     | Section 4-3H     |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| TITLE 1, PROPERTY IMPROVEMENTS      |                  | ML 94-46   |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| TOTAL SCORECARD                     |                  | ML 04-00   |
+-------------------------------------+------------------+------------+
| Cash Reserves                       |                  | ML 04-44   |
+-------------------------------------+------------------+------------+
| Documentation Relief                |                  | ML 05-15   |
+-------------------------------------+------------------+------------+
| Gift Fund Overage                   |                  | ML 00-44   |
+-------------------------------------+------------------+------------+
| New Version 1.2                     | FHA Connection   |            |
|                                     | Message Board,   |            |
|                                     | 11/30/04         |            |
+-------------------------------------+------------------+------------+
| Streamline Refinance                |                  | ML 04-44   |
+-------------------------------------+------------------+------------+
| Tolerance Levels                    |                  | ML 05-15   |
+-------------------------------------+------------------+------------+
| Update                              |                  | ML 04-44   |
+-------------------------------------+------------------+------------+
| User's Guide                        |                  | ML 04-47   |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| TRAILING SPOUSE (Compensating       | HB 4155.1,       |            |
| Factor)                             | Section 2-13J    |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| TRANSFER FEES                       |                  |            |
+-------------------------------------+------------------+------------+
| Between Lenders                     | HB 4000.4,       |            |
|                                     | Section 1-16     |            |
+-------------------------------------+------------------+------------+
| Streamline Refinance                |                  | ML 94-7,   |
|                                     |                  | #III       |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| TRIBAL TRUST LANDS                  | HB 4150.2,       | MLs 94-6;  |
|                                     |                  | 88-11      |
|                                     | App. A, Part 2   |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| # SUBJECT                           | **HANDBOOK**     | *          |
|                                     |                  | *MORTGAGEE |
|                                     | **(HB)**         | LETTER     |
|                                     |                  | (ML)**     |
+-------------------------------------+------------------+------------+
| TRUST/TITLE                         | HB 4155.1,       |            |
|                                     |                  |            |
|                                     | Sections 2-2F,   |            |
|                                     | 4-4F,            |            |
|                                     |                  |            |
|                                     | 1-12A, 1-4       |            |
+-------------------------------------+------------------+------------+
| Assumptions                         | HB 4155.1,       |            |
|                                     | Section 4-4E     |            |
+-------------------------------------+------------------+------------+
| Living Trust                        | HB 4155.1,       |            |
|                                     | Section 2-2F     |            |
+-------------------------------------+------------------+------------+
| Refinance                           | HB 4155.1,       |            |
|                                     |                  |            |
|                                     | Sections 1-12A & |            |
|                                     | 1-4              |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| ## U                                |                  |            |
+-------------------------------------+------------------+------------+
| UNDERWRITER APPROVAL                | HB 4000.4,       | ML 96-10   |
|                                     |                  |            |
|                                     | Section 2-3 &    |            |
|                                     | 2-4              |            |
+-------------------------------------+------------------+------------+
| DE Underwriter Registry             | HB 4004.2,       | ML 96-10,  |
|                                     | Section 4        | #I & #II   |
+-------------------------------------+------------------+------------+
| National Approval                   |                  | ML 94-7    |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| UNDERWRITER CONTRACTING OUT         |                  | ML 95-36   |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| UNDERWRITER QUALIFICATIONS          | HB 4000.4,       |            |
|                                     | Section 2-4      |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| UNDERWRITER -- SANCTIONED (LDP. GSA | HB 4000.4,       |            |
| OR CAIVRS)                          | Section 2-4B     |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| UNDERWRITER REVIEW FORM (HUD-54114) |                  | MLs 93-29; |
|                                     |                  | 91-43      |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| UNDERWRITING FEES                   | HB 4000.4,       |            |
|                                     | Section 1-11I    |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| UNDERWRITER WORKING FOR MORE THAN   |                  | MLs 97-26, |
| ONE LENDER                          |                  | Page 4;    |
|                                     |                  |            |
|                                     |                  | 96-18;     |
|                                     |                  | 9-10;      |
|                                     |                  | 94-39      |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| UNIFORM CASE BINDER                 | HB 4000.2,       |            |
|                                     | Section 5-4      |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| UP-FRONT MORTGAGE INSURANCE         |                  | ML 05-03   |
| PREMIUMS ELEMINATION                |                  |            |
+-------------------------------------+------------------+------------+
| Calculation - Based on Principal    |                  | ML 91-1    |
| Balance Without                     |                  |            |
|                                     |                  |            |
| UFMIP                               |                  |            |
+-------------------------------------+------------------+------------+
| Condominium (Monthly + Upfront)     |                  | ML 05-38   |
+-------------------------------------+------------------+------------+
| Elimination                         |                  | ML 05-03   |
+-------------------------------------+------------------+------------+
| Due Date -- Within 15 Days of       |                  | ML 91-1    |
| Closing                             |                  |            |
+-------------------------------------+------------------+------------+
| Same Regardless of Term of Loan     |                  | ML 91-1    |
+-------------------------------------+------------------+------------+
| Same Regardless of Financed or Paid |                  | ML 91-1    |
| in Cash                             |                  |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| # SUBJECT                           | **HANDBOOK**     | *          |
|                                     |                  | *MORTGAGEE |
|                                     | **(HB)**         | LETTER     |
|                                     |                  | (ML)**     |
+-------------------------------------+------------------+------------+
| URLA REVISED                        |                  | ML 03-20   |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| ## V                                |                  |            |
+-------------------------------------+------------------+------------+
| VA/CRV or VA/MCRV                   | HB 4000.2,       |            |
|                                     | Section 2-7      |            |
+-------------------------------------+------------------+------------+
| Acceptance                          | HB 4150.1,       |            |
|                                     | Section 12-7     |            |
+-------------------------------------+------------------+------------+
| Solar                               | HB 4150.1,       |            |
|                                     |                  |            |
|                                     | Section 12-14D   |            |
+-------------------------------------+------------------+------------+
| Manufactured Housing -- Cannot Use  | HB 4150.1, 1-11E |            |
| VACRV/MCRV                          |                  |            |
+-------------------------------------+------------------+------------+
| No New Appraisal if VA CRV/MCRV     |                  | ML 93-29   |
| Exists                              |                  |            |
+-------------------------------------+------------------+------------+
| Underwriting Appraisal              |                  | ML 93-29,  |
|                                     |                  | #5         |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| VACANCY FACTORS                     | HB 4155.1,       | HOC Update |
|                                     | Section 2-7M     | 99-2       |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| VALUATION                           | HB 4150.2,       |            |
|                                     | Section 4        |            |
+-------------------------------------+------------------+------------+
| Cost Approach                       | HB 4150.2,       |            |
|                                     | Section 4-5      |            |
+-------------------------------------+------------------+------------+
| Income Approach                     | HB 4150.2,       |            |
|                                     | Section 4-7      |            |
+-------------------------------------+------------------+------------+
| Sales Comparison Approach           | HB 4150.2,       |            |
|                                     | Section 4-6      |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| VALUATION CONDITION SHEET (VC)      |                  | MLs 03-18; |
|                                     |                  | 99-18      |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| VCR (Use Of)                        | HB 4000.2,       |            |
|                                     | Section 2-7/2-14 |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| VERIFICATIONS (Documents)           | HB 4155.1, 3-2B  |            |
+-------------------------------------+------------------+------------+
| Automated Employment/Income         |                  | 01-01;     |
| Verification                        |                  | 97-26      |
|                                     |                  |            |
| (Electronic)                        |                  |            |
+-------------------------------------+------------------+------------+
| Deposit (VOC)                       | HB 4155.1, 3-1F  | 01-01      |
+-------------------------------------+------------------+------------+
| Employment (VOE)                    | HB 4155.1, 3-1E  | 01-01      |
+-------------------------------------+------------------+------------+
| FAXed Copies                        | HB 4155.1, 3-2B  |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| VETERANS LOAN APPROVAL              |                  | ML 04-24   |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| ## W                                |                  |            |
+-------------------------------------+------------------+------------+
| WAGES & SALARIES                    | HB 4155.1, 1-7C2 |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| WAIVER TO TITLE                     | 4165.1, 8        |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| WEATHERIZATION                      | HD 4155.1,       |            |
|                                     | Section 1-7 C2   |            |
+-------------------------------------+------------------+------------+
| # SUBJECT                           | **HANDBOOK**     | *          |
|                                     |                  | *MORTGAGEE |
|                                     | **(HB)**         | LETTER     |
|                                     |                  | (ML)**     |
+-------------------------------------+------------------+------------+
| WELL                                |                  |            |
+-------------------------------------+------------------+------------+
| Acceptable Conditions               | HB 4150.2,       |            |
|                                     |                  |            |
|                                     | Section          |            |
|                                     | 2-6A(5)(a)       |            |
+-------------------------------------+------------------+------------+
| Distance to Septic                  |                  | ML 02-25   |
+-------------------------------------+------------------+------------+
| Inspections                         | HB 4145.1,       | MLs 95-34; |
|                                     | Section 2-5      | 96-18      |
+-------------------------------------+------------------+------------+
| Shared                              | HB 4150.1,       |            |
|                                     | Section 1-17     |            |
+-------------------------------------+------------------+------------+
| Systems                             | HB 4150.1,       |            |
|                                     | Section12-16     |            |
+-------------------------------------+------------------+------------+
| Septic (Distance To)                |                  | ML 02-25   |
+-------------------------------------+------------------+------------+
| Testing                             |                  | MLs 95-24; |
|                                     |                  |            |
|                                     |                  | 92-18, #II |
+-------------------------------------+------------------+------------+
| Unacceptable Conditions             | HB 4150.2,       |            |
|                                     |                  |            |
|                                     | Section          |            |
|                                     | 3-6A(5)(b)       |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| WIND SHELTERS                       |                  | ML 00-4    |
|                                     |                  |            |
| (Certification/Cost/Value/Comp      |                  |            |
| Factors)                            |                  |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+
| ## Y                                |                  |            |
+-------------------------------------+------------------+------------+
| YIELD SPREAD PREMIUM                | HB 4155.1,       | ML 01-26   |
|                                     | Section 1-9K     |            |
+-------------------------------------+------------------+------------+
|                                     |                  |            |
+-------------------------------------+------------------+------------+