January 13, 2005

> MORTGAGEE LETTER 2005-04

**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 Letter 2004-45 remains in effect.

***Effective immediately***, there has been a name change for the
Management and Marketing contractor responsible for the states of New
Jersey and New York. The name is now National Home Management Solutions
of New York, LLC. All other information remains unchanged.

***Effective December 15, 2004***, Southern California (*Orange, San
Diego, Imperial, San Bernardino, Riverside, Inyo, Mono, Los Angeles,
Santa Barbara, Ventura, and San Luis Obispo Counties*) is handled by:

> PEMCO, LTD
>
> 5312 Bolsa Avenue, Suite 101
>
> Huntington Beach, CA 92649
>
> Phone Number: (714) 899-5501

Fax Number: (714) 899-5601

> Email address: laura.hennes@pemco-socal.com
>
> Website: www.hudpemco.com

###### Effective December 20, 2004,Illinois and Indiana are handled by:

> Harrington, Moran, Barksdale, Inc.
>
> 8600 W. Bryn Mawr Avenue, Suite 600 South
>
> Chicago, IL 60631
>
> Phone Number: (773) 714-9200; Toll Free: (866) 702-6600
>
> Fax Number: (773) 714-1669
>
> Email address: chicago@hmbireo.com
>
> Website: www.hmbireo.com

***Effective December 22, 2004, the District of Columbia is handled
by:***

First Preston Management

> 616 Marriott Drive, Suite 300
>
> Nashville, TN 37214
>
> Phone Number: (615) 620-3065, ext. 410
>
> Fax Number: (615) 620-3069
>
> Email address: <mmasitis@firstpreston.com>

Website: www.firstpreston.com

> Preservation and Protection requests and extension of time requests
> for the District of Columbia properties should be sent to:
>
> First Preston Foreclosure Specialists
>
> 5040 Addison Circle, Suite 400
>
> Addison, TX 75001
>
> Phone Number: (972) 419-6917
>
> Fax Number: (972) 392-2123
>
> Email address: <jbatts@firstpreston.com>

***Effective January 8, 2005***, the Santa Ana Homeownership Center will
be responsible for the management and oversight of contractors in the
following states: North Dakota, South Dakota, Nebraska, Iowa, Minnesota,
Wisconsin, Oklahoma, Missouri and Kansas. When issues arise regarding
property condition and re-conveyance appeals, please contact Virginia
Howell, the Government Technical Representative, at the Santa Ana
Homeownership Center. The Real Estate Owned Division Director at the
Santa Ana Homeownership Center is Thomas Rose. The address and telephone
numbers are as follows:

Department of Housing and Urban Development

Santa Ana Homeownership Center

1600 North Broadway

Santa Ana, CA 92706

Telephone Number for Virginia Howell: (888) 827-5605, ext. 3552

Telephone Number for Thomas Rose: (888) 827-5605, ext. 3554

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