FHA Updates FHA Catalyst

FHA recently updated (FHA INFO #21-03) FHA Catalyst, including the launch of the Servicing Module and additional functionality to the Single Family Origination and Claims Modules.

The initial release of the Servicing Module “introduces the framework that will enable mortgagees to view unified case records in a singular platform and is part of FHA’s ongoing efforts to support the entire loan lifecycle through FHA Catalyst.” The Servicing Module uses FHA case information retained in the Single Family Origination Module to perform servicing queries, which is the first time two modules are connecting data within FHA Catalyst. The initial functionality of this module was effective on January 19, 2021.

Also, beginning January 19, 2021, FHA expanded the mortgage origination capabilities of the Single Family Origination Module in Mortgagee Letter 2021-02.  Where mortgagees were previously required to review and retain the Closing Disclosure as part of the case binder and, where applicable, deliver the case binder to FHA, they now may submit the Uniform Closing Dataset (UCD) in FHA Catalyst prior to endorsement.

Finally, an application programming interface (API) specification was released for all Single Family forward mortgage claim types within the Claims Module that allows servicers to develop a web-based interface between their module and their systems to facilitate electronic claim submissions. 

Access to the Servicing Module, Single Family Origination Module UCD, and Claims Module API specification is currently available by request only.