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Resolving Held Cases |
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Held Due to Unavailable
Refinance Information |
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This occurs for a refinance case if HUD's system
for endorsed cases is not responding during Case
Number Assignment processing. When access to refinance authorization
information is available again, processing of the case number request
resumes automatically; no Homeownership Center (HOC) or lender intervention
is necessary, and a case number is assigned (provided no other errors
are found during processing). |
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If a case number is assigned, case processing can
continue. However, borrower information must be validated overnight
against federal government records. The results of the validation
are typically available on the business day following assignment
of the case number. Failed
validations appear in Holds Tracking.
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