FHA issued 2 partial waivers related to review requirements for the COVID-19 Advance Loan Modification (COVID-19 ALM) option and the COVID-19 Recovery Loss Mitigation (COVID-19 Recover) option. The waivers address the timeframe for completing, and the borrower’s eligibility for, a review or re-review for the COVID-19 ALM and the COVID-19 Recovery options. The waivers are effective immediately.
Click to view the FHA Partial Waiver – COVID-19 Advance Loan Modification Option: https://www.tenaco.com/wp-content/uploads/2021/08/FHA-Partial-Waiver-COVID-19-Advance-Loan-Modification-Option.pdf
Click to view the FHA Partial Waiver – COVID-19 Recovery Loss Mitigation Option: https://www.tenaco.com/wp-content/uploads/2021/08/FHA-Partial-Waiver-COVID-19-Recovery-Loss-Mitigation-Option.pdf
