FHA updated the Single Family Housing Policy Handbook (SF Handbook 4000.1). The update contains technical changes for consistency and clarity, and several policy updates. All lenders should review and become familiar with the changes outlined in SF Handbook Transmittal (available in FHA’s Online Housing Policy Library) as revisions have been made throughout Sections I through V of the SF Handbook. The updates are effective immediately and do not affect previously announced effective dates.

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