RHS revised Form RD 3555-21 “Request for Single Family Housing Loan Guarantee” (Form). Effective November 1, 2018, all loan packages must include the revised Form
RHS issued a waiver (under the Single Family Housing Guaranteed Loan Program) allowing lenders and servicers to offer a loan modification interest rate that exceeds
RHS extended the foreclosure moratorium for properties affected by Hurricane Maria. The foreclosure moratorium is extended until June 19, 2018. This extension applies to new
RHS amended chapter 18 of the SFH Guaranteed Loan Program Technical Handbook (HB-1-3555). Pursuant to the amendments, RHS revised guidance with respect to the servicing
RHS established special relief measures for borrowers impacted by natural disasters. In addition to standard workout options, lenders and servicers may offer the special relief
RHS revised the area loan limits for California, Colorado, Delaware, Florida, Georgia, Hawaii, Indiana, Iowa, Maryland, Minnesota, Mississippi, Missouri, Montana, Nevada, North Carolina, North Dakota,
RHS suspended the requirement to obtain an IRS Form 4506-T for all adult household members. The suspension applies to all final GUS and manually underwritten
RHS 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
RHS issued an announcement outlining relief measures loan holders and loan servicers should implement to assist borrowers affected by Hurricane Harvey. The measures include the
RHS issued a notice reminding lenders of their responsibility prior to closing a loan for a borrower affected by Hurricane Harvey. Pursuant to the announcement,
Tennessee passed a bill increasing the permissible interest rate for closed-end loans under the Industrial Loan and Thrift Companies Act (ILTCA). Under the bill, the
Utah passed a bill amending the Residential Mortgage Practices and Licensing Act (RMPLA) with respect to the use of prescreened trigger lead information. Under the
FHA issued Mortgagee Letter (ML) 2025-09 and Title I Letter (TIL) TIL-490 removing loan eligibility for non-permanent residents. Per the ML and TIL, FHA eliminated
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