FHA Postpones Transition of Single Family Default Monitoring System from FHA Connection to FHA Catalyst

FHA issued FHA Info #21-95 announcing the postponement of the transition of the Single Family Default Monitoring System from FHA Connection to FHA Catalyst. The initial effective date was announced in Mortgagee Letter 2021-21 and was scheduled for December 1, 2021. Per the FHA Info, the effective date will be rescheduled to a future date in 2022 and a Mortgagee Letter will be issued at least 60 days in advance of the new effective date.

Click to view the FHA Info #21-95: https://www.tenaco.com/wp-content/uploads/2021/11/FHA-Info-21-95-11-4-21.pdf