MORTGAGEE LETTER 2005-07

**February 11, 2005**

**TO: ALL APPROVED MORTGAGEES**

####### SUBJECT: Update to Mortgagee Letter 2004-45

> **Single Family Real Estate Owned (Property Disposition)**
>
> **National Management and Marketing Contractors**

The purpose of this Mortgagee Letter is to provide updated information
to Mortgagee Letter

2004-45 issued November 19, 2004. With the exception of the information
contained in this Mortgagee Letter, all other information contained in
Mortgagee Letters 2004-45 and 2005-04 remains in effect.

***Effective February 1, 2005***, New Mexico and North Texas (t*he
counties of Dallam, Sherman, Hansford, Ochiltree, Lipscomb, Hartley,
Moore, Hutchinson, Roberts, Hemphill, Oldham, Potter Carson, Gray,
Wheeler, Deaf Smith, Randall, Armstrong, Donley, Collingsworth, Parmer,
Castro, Swisher, Briscoe, Hall, Childress, Bailey, Lamb, Hale, Floyd,
Motley, Cottle, Hardeman, Foard, Wilbarger, Wichita, Clay, Montague,
Cooke, Grayson, Fannin, Lamar, Red River, Bowie, Cochran, Hockley,
Lubbock, Crosby, Dickens, King, Knox, Baylor, Archer, Yoakum, Terry,
Lynn, Garza, Kent, Stonewall, Haskell, Throckmorton, Young, Jack, Wise,
Denton, Collin, Hunt, Hopkins, Delta, Franklin, Titus, Camp, Morris,
Cass, Gaines, Dawson, Borden, Scurry, Fisher, Jones, Shackelford,
Stephens, Palo Pinto, Parker, Tarrant, Dallas, Rockwall, Kaufman, Van
Zandt, Rains, Wood, Upshur, Marion, Harrison, Gregg, Smith, Cherokee,
Rusk, Panola, Andrews, Martin, Howard, Mitchell, Nolan, Taylor,
Callahan, Eastland, Erath, Hood, Somervell, Johnson, Ellis, Navarro,
Henderson, Anderson, Freestone, Limestone, Hill, Milam, Falls, McLennan,
Bosque, Bell, Coryell, Hamilton, Comanche, Lampasas, Mills, Loving,
Winkler, Ector, Midland, Glasscock, Sterling, Coke, Runnels, Coleman,
Brown, Ward, Crane, Upton, Reagan, Irion, Tom Green, Concho, McCulloch,
San Saba, Crockett, Schleicher, Menard, Mason, Sutton, Kimble, El Paso,
Hudspeth, Culberson, Reeves, Jeff Davis, Pecos, Terrell, Presidio,
Brewster*) are handled by:

> Southwest Alliance of Asset Managers
>
> 5040 Addison Circle, Suite 300
>
> Addison, TX 75001
>
> Phone Number: (972) 788-0026 or (800) 394-1103

Fax Number: (972) 715-1548

> Email address: jmcduffee@southwestalliance.com
>
> Website:
> [www.southwestalliance.com](http://www.southwestalliance.com/)
>
> ***Preservation and Protection requests and extension of time requests
> for New Mexico and North Texas should be sent to:***
>
> Southwest Alliance of Asset Managers
>
> 5040 Addison Circle, Suite 300
>
> Addison, TX 75001
>
> Phone Number: (972) 788-0026 or (800) 394-1103
>
> Fax Number: (972) 715-1548
>
> Email address: amurphy@southwestalliance.com

***Effective February 1, 2005***, South Texas (t*he counties of
Angelina, Aransas, Atascosa, Austin, Bandera, Bastrop, Bee, Bexar,
Blanco, Brazoria, Brazos, Brooks, Burleson, Burnet, Caldwell, Calhoun,
Cameron, Chambers, Colorado, Comal, Dimmit, De Witt, Duval, Edwards,
Fayettte, Fort Bend, Frio, Galveston, Gillespie, Goliad, Gonzales,
Grimes, Guadalupe, Hardin, Harris, Hays, Hidalgo, Houston, Jackson,
Jasper, Jefferson, Jim Hogg, Jim Wells, Karnes, Kendall, Kenedy, Kerr,
Kinney, Kleberg, LaSalle, Lavaca, Lee, Leon, Liberty, Live Oak, Llano,
Madison, Matagorda, Maverick, McMullen, Medina, Montgomery, Nacogdoches,
Newton, Nueces, Orange, Polk, Real Refugio, Robertson, Sabine, San
Augustine, San Jacinto, San Patricio, Shelby Starr, Travis, Trinity,
Tyler, Uvalde, Val Verde, Victoria, Walker, Waller, Washington, Webb,
Wharton, Willacy, Williamson, Wilson, Zapata, Zavala*) is handled by:

Southwest Alliance of Asset Managers

7718 Wood Hollow Drive, Suite 100

Austin, TX 78731

Phone Number: (512) 231-2600 or (800) 457-4961

Fax Number: (512) 231-2699

Email Address:
[rhutchison@southwestalliance.com](mailto:rhutchinson@southwestalliance.com)

Website: www.southwestalliance.com

> ***Preservation and Protection requests and extension of time requests
> for South Texas should be sent to:***
>
> Southwest Alliance of Asset Managers
>
> 5040 Addison Circle, Suite 300
>
> Addison, TX 75001
>
> Phone Number: (972) 788-0026 or (800) 394-1103
>
> Fax Number: (972) 715-1548
>
> Email address: amurphy@southwestalliance.com

Mortgagees must take the appropriate steps to effect this change
immediately. Please direct any questions to Wanda Sampedro of the Office
of Single Family Asset Management at (202) 708-1672.

> Sincerely,
>
> John C. Weicher
>
> Assistant Secretary for Housing-
>
> Federal Housing Commissioner