NAHMA HUD Update: FHA Catalyst Makes Electronic MAP Application Submissions Required Starting December 10
- By: admin
- On: 11/12/2021 16:29:03
- In: NAHMA News
Please find below a recent update from the Office of Multifamily Housing announcing the required use of FHA Catalyst: Multifamily Applications Module for all electronic Multifamily Accelerated Processing (MAP) lenders application submissions, beginning on December 10, 2021.
FHA Catalyst Makes Electronic MAP Application Submissions Required Starting December 10The Office of Multifamily Housing published the Mortgagee Letter that announces the required use of the FHA Catalyst: Multifamily Applications Module effective December 10, 2021, for all electronic MAP application submissions. Mailed hard copies, USB drives, or emailed cloud storage service links will no longer be required or accepted for applications once the requirement is in effect.
The module provides lenders the following benefits:
Online & paperless: submit fully electronic applications via the cloud-based FHA Catalyst
Fast & simple: with a few short clicks, upload and immediately deliver large applications to HUD
Secure & centralized: submit application materials securely through a single portal and view submissions on a dashboard
To Request Access
MAP Lenders can request access to the FHA Catalyst: Multifamily Applications Module by completing the “FHA Catalyst Lender Access Request Form” and emailing the completed form to FHACatalystMF@hud.gov.
Lenders can also download the form and get more information on the FHA Catalyst: Multifamily Applications Module webpage.
An email with information regarding additional training for lenders before the Dec. 10, 2021, effective date will be sent soon.