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U. S. Department of Housing and Urban Development
Washington, D.C. 20410-8000

September 23, 1992
OFFICE OF THE ASSISTANT SECRETARY
FOR HOUSING-FEDERAL HOUSING COMMISSIONER
Mortgagee Letter  92-32
     TO: ALL APPROVED MORTGAGEES
     SUBJECT:  Single Family Loan Production - The Revised Lead-Based Paint
               Notice
 
            This Mortgagee Letter is to inform lenders that the new
     procedure regarding the revised lead-based paint notice, as outlined
     in Mortgagee Letter 92-24 , is optional until December 1, 1992.  Recent
     meetings with industry groups have indicated that the new procedure
     has not been disseminated as widely as we had anticipated.  However,
     after that date, it is mandatory for the borrower to sign the revised
     lead-based paint notice on or before the date he or she executes the
     sales contract.  If lenders choose to follow the former procedure,
     prior to December 1, 1992, they may either use the old or the new
     lead-based paint notice.
 
            If you have any questions, please contact your local HUD Field
     Office.
 
                                            Very sincerely yours,
 
                                            Arthur J. Hill
                                            Assistant Secretary for Housing
                                             - Federal Housing Commissioner
 
                     *U.S. Government Printing Office: 1992 - 312-218/60282