As it relates to COVID-19 (Coronavirus), the Federal Housing Administration (FHA) wants to assure its mortgagees and other interested stakeholders of its continued business operations in this evolving environment, should some or all its offices be required to close. This Question and Answer (Q&A) document has been prepared to address and provide answers to stakeholder questions regarding the continuity of FHA's business operations and any possible impacts. This Q&A will be revised as needed. Stakeholders are advised to regularly access this document for updates.
FHA Single Family Housing COVID-19 Q&A (Updated 3.27.2020)
On March 27, FHA INFO 20-22 announced that as a result of the Presidentially-declared COVID-19 national emergency, the Federal Housing Administration (FHA) is announcing the following policy changes: Re-verification of Employment, and Exterior-Only and Desktop-Only Appraisal Scope of Work Options for FHA Single Family Programs Impacted By COVID-19; Temporary Waiver Provides Mailing Alternative for Condominium Project Approval Application Packages; Temporary Waiver of Damage Inspection Reports in Presidentially-Declared Major Disaster Areas due to COVID-19; Updated Single Family COVID-19 Q&A.
On March 18, FHA INFO 20-21 announced that FHA Suspends Foreclosures and Evictions Amid COVID-19 National Emergency.
On March 13, FHA INFO 20-20 announced the Continuation of FHA Single Family Business Operations Related to COVID-19, and Temporary Partial Waiver of Servicing Requirements Regarding Face-to-Face Contact with Borrowers.
On March 9, FHA INFO 20-18 announced a reminder by FHA to mortgagees of their loss mitigation program options, particularly in light of the recent reports on the Coronavirus (COVID-19).