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US FHA Introduces Payment Supplement Loss Mitigation Option | Mayer Brown

In an effort to help struggling borrowers stay in their homes, the US Department of Housing and Urban Development’s (“HUD” or “Department”) Federal Housing Administration (“FHA”). ....

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FHA New Loss Mitigation Feedback

FHA New Loss Mitigation Feedback
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FHA Seeks Additional Feedback on New Loss Mitigation Option for Struggling Borrowers | Bradley Arant Boult Cummings LLP

On November 16, 2023, in response to comments received on a prior draft Mortgagee Letter (ML) related to a Proposed Payment Supplement Partial Claim, the Federal Housing Administration. ....

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MBA, NMSA suggest fixes to FHA's proposed loss mitigation option

Trade groups including the MBA and NMSA submitted a letter to FHA designed to improve its "payment supplement" loss mitigation proposal. ....

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MBA and NMSA push for changes in FHA's loss mitigation policy

Trade associations seek improvements in FHA's recently revised proposal ....

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