RHS Updates Chapter 18 of Single Family Housing Guaranteed Loan Program Technical Handbook

RHS updated chapter 18 of the Single Family Housing Guaranteed Loan Program Technical Handbook (HB-1-3555). Per the update, RHS clarified that a borrower must be no greater than 120 days past due as of March 1, 2020 in order to qualify for a COVID related forbearance. In addition, RHS updated attachment 18-C (Acceptable State Liquidation Costs and Fees) and made other minor formatting changes. The updates went into effect February 9, 2023.

Click to view the RHS Procedure Notice 575: https://www.tenaco.com/wp-content/uploads/2023/02/RHS-Procedure-Notice-575-02-10-23.pdf

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