RHS issued a SFH Guaranteed Servicing notice (Notice), removing the September 30, 2021 deadline for a borrower requested forbearance due to COVID-19. Per the Notice, until the end of the COVID-19 national emergency, servicers may approve initial payment forbearances for borrowers impacted by the COVID-19 national emergency. The notice includes the following table outlining the eligibility for a COVID-19 forbearance:
| Initial Forbearance Date | Initial Forbearance Period | Additional Forbearance Period | Forbearance Extensions | Maximum Forbearance Period |
| March 1, 2020-June 30, 2020 | Up to 6 months | Up to 6 months | Up to 6 months (in 3-month increments) | Up to 18 months |
| July 1, 2020-Sept 30, 2020 | Up to 6 months | Up to 6 months | Up to 3 months | Up to 15 months |
| Oct. 1, 2020- Expiration of National Emergency | Up to 6 months | Up to 6 months | 0 | Up to 12 months |
The Notice is effective immediately.
Click to view the RHS SFH Guarantee Servicing Notice: https://www.tenaco.com/wp-content/uploads/2021/09/RHS-SFH-Guaranteed-Servicing-Notice-09-28-21.pdf
