**U. S. Department of Housing and Urban Development**

**Washington, D.C. 20410-8000**

September 14, 1998

**OFFICE OF THE ASSISTANT SECRETARY**

**FOR HOUSING-FEDERAL HOUSING COMMISSIONER**

**MORTGAGEE LETTER 98-**24

**TO: ALL APPROVED MORTGAGEES**

**SUBJECT:** New Implementation Date for the Single Family Premium
Collection Subsystem-Periodic (SFPCS-P)

**NEW IMPLEMENTATION DATE**

Mortgagee Letter 98-22, announced the implementation of the new Single
Family Premium Collection Subsystem-Periodic (SFPCS-P). The anticipated
implementation date for the new SFPCS-P has been changed from August 31,
1998 to December 31, 1998. The first bill will be generated on January
19, 1999, for the month of January, with the mortgage insurance premium
payment due on February 1, 1999.

**CASE LEVEL PAYMENT DETAIL REQUIRED**

SFPCS-P is designed to capture case level payment information that HUD
needs in order to comply with the Credit Reform Act. Due to the delay in
the implementation of SFPCS-P, mortgagees transmitting Section 530
periodic premium payments to Mellon Bank must temporarily submit to HUD
the following information starting with payments remitted on October 1,
1998:

-   FHA Case Number

-   Payment Amount

-   Mortgagee ID Number

-   Total Payment Amount

Mortgagees can send the information on a magnetic tape, diskette, or
CD-ROM using the file layouts in the attachments. Once SFPCS-P is
implemented you will no longer need to send this information to HUD**.
*RISK-BASED PERIODIC PAYMENTS ARE NOT AFFECTED BY***

***THIS CHANGE.*** Please send your Section 530 payment identification
information to:

U.S. Department of HUD

P.O. Box 23991

Washington, D.C. 20026

Attention: Section 530 payments

Thank you for your cooperation and your continued support of the FHA
Single Family Mortgage Insurance Program. If you have any questions,
please contact our e-mail address at: sf_premiums@hud.gov.

Sincerely,

Ira G. Peppercorn

General Deputy

Assistant Secretary for Housing

Attachments

**CREDIT REFORM**

**Section 530 Case Level Payments**

**Media and Format**

**Magnetic Tape Layout**

Standard IBM labeled, EBCDIC, Density = 6250, Record Length = 50,
Blocksize = 1

**DESCRIPTION** **LENGTH** **POSITION** **FORMAT (A=Alphanumeric, 9 =
numeric)**

**MORTGAGEE HEADER RECORD (1 record per lender ID)**

Header Record ID 1 1 9 (Value = 1)

Mortgagee ID 5 2-6 99999

Filler 44 7-50 A (Value = spaces)

**CASE DETAIL RECORD (1 record for each case)**

Case Detail Record ID 1 1 9 (Value = 2)

Case Number 11 2-12 Alphanumeric including dash

Payment Amount 5 13-17 99999 (Implied 2-position decimal)

Filler 33 18-50 A (Value = spaces)

**MORTGAGEE SUMMARY RECORD (1 record per lender ID)**

Mortgagee Summary Record ID 1 1 9 (Value = 3)

Filler 9 2-10 A (Value = spaces)

Total Amount for Lender ID 10 11-20 9999999999 (Implied 2-position
decimal)

Filler 30 21-50 A (Value = spaces)

**FILE SUMMARY RECORD (1 record per file)**

File Summary Record ID 1 1 9 (Value = 4)

Filler 9 2-10 A (Value = spaces)

Total Amount for File 10 11-20 99999999999(Implied 2-position decimal)

Filler 30 21-50 A (Value = spaces)

Beginning in October 1998, please send HUD a tape each month with the
requested case identification information for that month\'s deposits to
Mellon Bank. Please send the tape by no later than the 12^th^ day of
that month. Please ensure that each tape you submit is labeled with your
organization\'s Mortgagee ID Number, the designation \"Section 530
Payments,\" and the month and year that the payments correspond to
(i.e., the Deposit Month of the Schedule(s) with Mellon Bank).

EXAMPLE EXTERNAL TAPE LABEL:

Mortgagee ID \# 11111

Section 530 Payments

October 1998

**CREDIT REFORM**

**Section 530 Case Level** **Payments**

**Media and Format**

**Diskette or CD-ROM Layout**

Please compile the following information for each case (1 case per
line):

[Field Description]{.underline} [Position]{.underline} [Format (A =
alphanumeric, 9 = numeric)]{.underline}

Mortgagee ID Number 1-5 99999

FHA Case Number 6-16 Alphanumeric including dash

Case Payment Amount 17-22 999.99

Please send the information in an MS-DOS TEXT (ASCII) file, and include
data records only (no report formats, column headers, or column labels).
In addition, please avoid including case and amount totals in the
magnetic data file.

EXAMPLE OF DATA:

11111555-5555555001.50

11111666-6666666010.35

11111777-7777777002.00

Beginning in October 1998, please send HUD a Diskette or CD-ROM each
month with the requested case identification information for that
month\'s deposits to Mellon Bank. Please send the Diskette or CD-ROM by
no later than the 12^th^ day of that month. Please ensure that each
Diskette or CD-ROM you submit is labeled with your organization\'s
Mortgagee ID Number, the designation \"Section 530 Payments,\" and the
month and year that the payments correspond to (i.e., the Deposit Month
of the Schedule(s) with Mellon Bank).

EXAMPLE EXTERNAL DISKETTE OR CD-ROM LABEL:

Mortgagee ID \# 11111

Section 530 Payments

October 1998

With your diskette or CD-ROM submissions, please provide a paper control
sheet with the following information:

Section 530 Payments Mortgagee ID Number Total Payment Amount Month and
Year of Deposit

(5 character ID) (99,999,999.99) (MMYYYY)

\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_