Be aware some unscrupulous ‘asset finders’ specialize in locating lost homeowners for an exorbitant fee, often as much as 50% of the total refund.įor a search of the HUD unclaimed refund database complete the form below. federal government, and amounts due and owing by federal agencies are exempt from state reporting. These amounts are not listed in state unclaimed property databases as they are issued by HUD, an agency of the US. From our website to our many outreach events, we strive to make the entire unclaimed property process as easy as possible to reunite Tennesseans with their unclaimed property.' - Treasurer David H. Refunds average between $800 – $1500 per homeowner. 'It is rewarding each time we are able to return unclaimed property to the families and individuals across our great state. Below are government agencies that have databases you can search for unclaimed money. If fewer defaults occur than predicted, borrowers share in the funds remaining via HUD Mortgage Insurance Premium (MIP) Refunds and Distributive Shares, a portion of the excess earnings from the Mutual Mortgage Insurance Fund.īecause many homeowners fail to notify HUD of a new address after a move – the US Postal Service will only forward mail for a six-month period, followed by a six month period of address correction – tens of thousands of homeowners and those who have sold homes with FHA insured mortgages are entitled to unclaimed HUD refunds worth hundreds of millions of dollars. The titles and addresses for all federal agencies can be found in the United States Government Manual which is available in most public libraries. Based on this prediction, it sets the insurance premium home buyers pay during the year. Securities and Payments HUD/FHA Mortgage Insurance Refunds Credit Union Unclaimed Shares National Association of Unclaimed Property Administrators (Individual State Unclaimed Asset Web Sites) U.S. Each year the Federal Housing Administration (FHA), the government agency which insures mortgages made by local lenders, estimates the number of defaults it will likely experience. Below are government agencies that have databases you can search for unclaimed money. Unclaimed HUD refunds are owed hundreds of thousands of homeowners who have or had FHA insured mortgages. Life Insurance Payouts Owed Heirs & Beneficiaries.Unclaimed Life Insurance Policy Demutualization Payments.
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