FHA established a Disaster Standalone Partial Claim option for borrowers whose property and/or place of employment was adversely affected by Hurricanes Harvey, Irma and Maria,
RHS established special relief measures for borrowers impacted by natural disasters. In addition to standard workout options, lenders and servicers may offer the special relief
RHS issued a notice reminding lenders of their responsibility prior to closing a loan for a borrower affected by Hurricane Harvey. Pursuant to the announcement,
Fannie Mae issued Servicing Guide Announcement SVC-2024-06 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae clarified requirements related to eMortgages.
FHA issued Mortgagee Letter 2024-20 implementing Federal Flood Risk Management Standards for new construction properties located in Special Flood Hazard Areas. On April 23, 2024,
Fannie Mae issued Selling Guide Announcement SEL-2024-07 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: Revisions related to leasehold estates
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