FHA issued a waiver regarding the timeframe for completing damage inspections in the San Juan Metro Area of Puerto Rico. FHA currently requires that all
FHA extended the 90-day foreclosure moratorium for properties affected by Hurricanes Harvey, Irma and Maria. The initial 90-day foreclosure moratoriums have been extended for an
FHA issued a waiver regarding the timeframe for completing damage inspections in Presidentially-Declared Major Disaster Areas (PDMDA) in Florida. FHA currently requires that all properties
FHA issued Mortgagee Letter 2017-12, setting forth revised initial and annual mortgage insurance premiums (MIP) and principal limit factors for home equity conversion mortgages (HECMs).
FHA issued Mortgagee Letter 2017-13, announcing an extension of the temporary condominium project approval policy requirements issued in Mortgagee Letter 2012-18 and Mortgagee Letter 2015-27,
FHA reminds mortgagees of the 90-day foreclosure moratorium for properties located in presidentially-declared major disaster areas due to damage caused in Texas by Hurricane Harvey.
FHA issued Mortgagee Letter 2017-11 (Mortgagee Letter), which serves as a consolidated directive for lenders and servicers required to implement certain servicing policy changes contained
FHA issued updated HUD-owned Real Estate Sales Contract and Addendum Forms. The updated forms support FHA’s Claims and Disposition policy located in Section IV.B.2 of
FHA issued Mortgagee Letter 2017-10, extending the 203(h) mortgage insurance eligibility period for disaster victims located in specific presidentially-declared major disaster areas (PDMDAs) in Louisiana.
FHA issued Mortgagee Letter 2017-08, announcing the implementation date of FHA’s new Loan Review System. The implementation date of the new Loan Review System (announced
FHA extended the compliance date for portions of the Modernization of Engagement with Mortgagors in Default Final Rule. In August, 2024, FHA adopted the Modernization
Fannie Mae issued Servicing Guide Announcement SVC-2024-06 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae clarified requirements related to eMortgages.
FHA issued Mortgagee Letter 2024-20 implementing Federal Flood Risk Management Standards for new construction properties located in Special Flood Hazard Areas. On April 23, 2024,
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