RHS Extends COVID-19 Forbearance Deadline
April 10, 2023
RHS issued a SFH Guaranteed Servicing Notice (Notice) extending the COVID-19 forbearance deadline. Per the Notice, RHS extended the date by which a servicer may
FHA Extends COVID-19 Forbearance and COVID-19 Home Equity Conversion Mortgage Extension Policies
April 10, 2023
FHA issued Mortgagee Letter 2023-08, extending COVID-19 Forbearance and COVID-19 Home Equity Conversion Mortgage extension policies. Per the Mortgagee Letter, FHA extended COVID-19 Forbearance and
Fannie Mae Removes COVID-19 Related Property Inspection and Preservation Policies
March 9, 2023
Fannie Mae issued Lender Letter LL-2023-03 (formerly numbered LL-2021-02) to remove COVID-19 related property inspection and preservation policies. Per the Lender Letter, the policies were
Fannie Mae Retires Temporary COVID-19 Requirements Related to Employment Verification for Self-Employed Borrowers and Eligibility Requirements for Purchase and Refinance Transactions
February 17, 2023
Fannie Mae issued an update to Lender Letter LL-2021-03 to retire the temporary COVID-19 requirements related to employment verification for self-employed borrowers and to eligibility
Freddie Mac Retires Remaining Temporary COVID-19 Related Underwriting Requirements
February 17, 2023
Freddie Mac issued Bulletin 2022-5 (Bulletin), announcing the retirement of the remaining temporary COVID-19 related underwriting requirements. Per the Bulletin, the following requirements are retired
FHA Corrects and Republishes Expansion of COVID-19 Recovery Loss Mitigation Options Mortgagee Letter
February 15, 2023
FHA issued Mortgagee Letter 2023-03, correcting and republishing expansion of COVID-19 recovery loss mitigation options Mortgagee Letter 2023-02. Per this Mortgagee Letter, FHA made 3
FHA Extends Availability of, and Expands, COVID-19 Recovery Loss Mitigation Options
February 2, 2023
FHA issued Mortgagee Letter 2023-02, extending the availability of, and expanding, COVID-19 recovery loss mitigation options. Per the Mortgagee Letter, FHA: Extended the COVID-19 Recovery
FHA Adds New COVID-19 Home Equity Conversion Mortgage (HECM) Property Charge Repayment Plan Option to Assist Senior Homeowners
December 16, 2022
FHA added a new COVID-19 Home Equity Conversion Mortgage (HECM) property charge repayment plan option to assist senior homeowners who are behind on property charge
FHA Extends Temporary Partial Waivers to Home Equity Conversion Mortgage Policy for Senior Borrowers Impacted by COVID-19
November 28, 2022
FHA extended the temporary partial waivers issued for Mortgagee Letter 2015-11 and Mortgagee Letter 2016-07. The temporary partial waiver for Mortgagee Letter 2015-11 allows mortgagees
FHA Updates Effective Income Calculation with respect to a COVID-19 Related Economic Event
July 11, 2022
FHA issued Mortgagee Letter 2022-09, updating the effective income calculation with respect to a COVID-19 related economic event. Per the Mortgagee Letter, FHA updated the
