FHA institutes new payment supplement partial claim
Housing Wire
FEBRUARY 21, 2024
Gordon also announced that the FHA is extending the current temporary waterfall into 2025. According to the mortgagee letter, the COVID-19 recovery options will be available through April 30, 2025. Since March 2020, lenders and servicers have provided borrowers with nearly 1.9 million COVID-19 loss-mitigation actions.
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