FHA issued Mortgagee Letter 2016-22 extending the implementation date of Mortgagee Letter 2016-14 (regarding updates to FHA’s loss mitigation retention options and other miscellaneous mortgage servicing policies). Mortgagee Letter 2016-14 set forth an implementation date of December 1, 2016. This Mortgagee Letter extends the implementation date to March 1, 2017.

FHA
FHA Waives Early Payment Default Review Requirements for Properties Impacted by California Wildfires
FHA issued a waiver regarding early payment default review requirements for properties impacted by the California wildfires. FHA currently requires lenders to select all early