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FHA Expands COVID-19 Recovery Loss-Mitigation Options

FHA Expands COVID-19 Recovery Loss-Mitigation Options
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Julia Gordon , National Emergency , Housing Administration , Federal Housing Administration , Single Family Title , Partial Claim , Standalone Partial Claim , Homeowner Assistance Funds , Home Affordable Modification , Mortgagee Letter ,

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. ....

Weiner Brodsky Kider , Mortgagee Letter , Loss Mitigation , Standalone Partial Claim , Non Occupant Loan , Partial Claim ,