Fannie Mae issued Lender Letter LL-2020-05: Payment Deferral (Letter). The Letter introduces payment deferral, a new home retention workout option for borrowers who have resolved a temporary hardship and resumed their monthly contractual payments but cannot afford a full reinstatement or repayment plan. Servicers may begin evaluating borrowers for payment deferral on July 1, 2020, and must do so no later than January 1, 2021.
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FHA issued Title I Letter (TIL) TIL-489, adopting the Uniform Residential Loan Application (URLA) for the Title I loan programs. Per the TIL, FHA replaced
FHA issued Mortgagee Letter 2025-01, updating Defect Taxonomy to include Servicing Loan Reviews. Per the Mortgagee Letter (ML), FHA updated the Single Family Housing Policy
RHS adopted rules amending manufactured housing provisions under the Single Family Housing Guaranteed Loan Program. The adopted rules: The final rule is effective March 4,
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