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 September 15, FHA INFO 21-77 announced the Federal Housing Administration (FHA) published Mortgagee Letter (ML) 2021-23, “Mandatory Transition to the Federal Housing Administration (FHA) Catalyst: Electronic Appraisal Delivery (EAD) Module for FHA Single Family Appraisals.” The guidance in this ML establishes mandatory transition dates for mortgagees to submit appraisals for single family forward and reverse mortgage endorsements through the FHA Catalyst: EAD Module.
On September 13, FHA INFO 21-75 announced the FHA published ML 2021-21, "FHA Catalyst: Single Family Default Monitoring System (SFDMS) Reporting Module". This ML announces the transition for reporting of delinquent FHA Title II Single Family forward mortgages in SFDMS from FHA Connection (FHAC) to the FHA Catalyst.
Click here to access the online FAQ site.
Interagency COVID-19 Forbearance Fact Sheet for Consumers