Important Information Regarding Continuation of Business Operations Related to COVID-19
As it relates to COVID-19, FHA wants to assure its mortgagees and other interested stakeholders of its continued business operations in this evolving environment. Frequently Asked Questions (FAQs) have been prepared to address and provide answers to questions regarding the continuity of FHA's business operations and any possible impacts. The FAQs will be revised as needed and stakeholders are advised to regularly access them for updates.
On February 23, FHA INFO 21-10 announced the Federal Housing Administration (FHA) published Mortgagee Letter (ML) 2021-06, Extension of Re-verification of Employment and Exterior-Only Appraisal scope of work (SOW) Option for Federal Housing Administration (FHA) Single Family programs impacted by the Coronavirus Disease of 2019 (COVID-19); and ML 2021-07, Extension of the End Date for COVID-19 Multisubject: Updated Temporary Guidance for Verification of Self-Employment; Rental Income; and 203(k) Rehabilitation Escrow Account.
Click here to access the online FAQ site.
Interagency COVID-19 Forbearance Fact Sheet for Consumers