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FHA Updates Its COVID-19 Recovery Loss Mitigation Options to Include a 40-year Loan Modification | Weiner Brodsky Kider PC - Vimarsana News

FHA Updates Its COVID-19 Recovery Loss Mitigation Options to Include a 40-year Loan Modification | Weiner Brodsky Kider PC

On April 18, 2022, FHA published Mortgagee Letter (ML) 2022-07, adding the option for a loan modification with a 40-year term that must be used together with a partial claim...