FHA issued Mortgagee Letter 2022-09, updating the effective income calculation with respect to a COVID-19 related economic event. Per the Mortgagee Letter, FHA updated the
FHA published an update to the Single Family Housing Policy Handbook (SF Handbook 4000.1). The update includes revisions to existing guidance, technical edits and the
FHA extended the temporary partial waivers issued for Mortgagee Letter 2015-11 and Mortgagee Letter 2016-07. The temporary partial waiver for Mortgagee Letter 2015-11 allows mortgagees
FHA issued Mortgagee Letter 2022-08, adding an exclusive sales period for owner-occupants, HUD-approved nonprofits, and governmental entities in the claims without conveyance of title (CWCOT)
FHA issued Mortgagee Letter 2022-07, adding a 40-year loan modification with partial claim as a COVID-19 Recovery Loss Mitigation Option (COVID-19 Recovery Option). Per the
FHA issued Mortgagee Letter 2022-06, updating policy regarding reimbursement for property preservation and protection cost claims. Per the Mortgagee Letter, HUD will only reimburse mortgagees
FHA issued FHA Info #2022-25 requiring the electronic submission of flood insurance data through FHA Connection (FHAC). Per the update, new fields have been added
FHA issued Mortgagee Letter 2022-04, extending the mandatory use date for the new FHA Catalyst: Electronic Appraisal Delivery (EAD) Module. Per the Mortgagee Letter, mortgagees
FHA issued Mortgagee Letter 2022-02, clarifying the extension of the deadlines for the first legal action and reasonable diligence time frame announced in Mortgagee Letter
FHA issued Mortgagee Letter 2021-31, updating the effective date for the transition of the Single Family Default Monitoring System (SFDMS) from FHA Connection to FHA
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,
Fannie Mae issued Selling Guide Announcement SEL-2024-07 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: Revisions related to leasehold estates
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