FHA issued a partial waiver of the face-to-face interview requirement for borrowers in default. The partial waiver allows lenders and servicers to utilize alternative methods for conducting borrower interviews to assess the borrower’s circumstances and to determine appropriate repayment plans as part of FHA’s early default intervention requirements. The partial waiver does not apply to Section 248 mortgages on Indian land. The partial waiver is effective through December 31, 2021.
Click to view the FHA Partial Handbook Waiver – Alternative Methods for Face-to-Face Borrower Initiatives: https://www.tenaco.com/fha-partial-handbook-waiver-alternative-methods-for-face-to-face-borrower-interviews/
Click to view FHA Partial Regulatory Waiver – Alternative Methods for Face-to-Face Borrower Initiatives: https://www.tenaco.com/fha-partial-regulatory-waiver-alternative-methods-for-face-to-face-borrower-interviews/
