60-Day Notice of Proposed Information Collection: Multifamily Delinquency and Default Reporting System
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Summary
AI summary — grounded in the notice text
HUD is requesting OMB approval to renew the Multifamily Delinquency and Default Reporting System (MDDR), an electronic system that requires FHA-approved multifamily lenders to notify HUD of loan delinquencies, defaults, reinstatements, and assignment elections. This helps HUD work with owners and lenders to reinstate loans and avoid insurance claims, and monitors lender compliance with loan servicing rules. Public comments on the collection are due November 16, 2026.
Key Quotes
Verbatim from the notice
“Lenders previously used the HUD-92426 form for these submissions, however, with the implementation of the regulation requiring electronic notification, the Multifamily Delinquency and Default Reporting System (MDDR) was established”
Verbatim from the notice
“HUD uses the information as an early warning mechanism to work with project owners and lenders to develop a plan that will reinstate a loan and avoid an insurance claim.”
Verbatim from the notice
“Comments due November 16, 2026.”
Key Dates
- Published
- Sep 15, 2026
- Comments close
- Nov 16, 2026in 34 days