Making it easier to do business with FHA Single Family

Welcome to the Federal Housing Administration's (FHA) Office of Single Family Housing Drafting Table. On this page, Single Family Housing periodically posts policy drafts or other supplemental documents for industry and stakeholder feedback.

The following policy drafts are posted for review and feedback:

Draft Mortgagee Letter: Proposed Payment Supplement Partial Claim

On May 31, 2023, FHA INFO #23-44 announced the posting of the Draft Mortgagee Letter (Draft ML), Payment Supplement Partial Claim. Through the proposed policy provided in this draft ML, FHA proposes to create a new loss mitigation option to assist struggling borrowers that are delinquent on their mortgage payments. This option is targeted to assist borrowers in default who are unable to obtain a significant payment reduction through other loss mitigation options.

The Draft ML proposes policy that would allow mortgagees to use available partial claim funds to:

• cure mortgage arrearages and
• temporarily reduce the principal amount of the borrower's monthly mortgage payments for three to five years.

FHA is interested in receiving feedback on this proposal, including feedback on the potential impacts of this policy on borrowers, FHA servicing, and implementation, both in general and in response to specific aspects of this proposal. FHA is also seeking feedback on specific questions in the Feedback Response sheet. 

To facilitate FHA's review and analysis of feedback, interested stakeholders are encouraged to thoroughly review the content of the Draft ML and use the Feedback Response Worksheet to provide feedback through June 30, 2023:

• View the Draft ML, Payment Supplement Partial Claim.
• Download the Feedback Response Worksheet and add any feedback to it.
• Email the completed worksheet to sffeedback@hud.gov with the subject line: Feedback for Draft ML Payment Supplement Partial Claim.

Draft Mortgagee Letter: Modifications to FHA Home Equity Conversion Mortgage (HECM) Requirements Related to Secretary Payment of Borrower Disbursements Due to Mortgagee Default

On May 25, 2023, FHA INFO #23-41 announced the posting of the Draft Mortgagee Letter (Draft ML), Modifications to FHA Home Equity Conversion Mortgage (HECM) Requirements Related to Secretary Payment of Borrower Disbursements Due to Mortgagee Default.
This draft ML, would allow FHA to:

• Expand the instances when FHA can investigate anticipated or actual mortgagee default on the obligation to make borrower disbursements.
• Require mortgagees to provide FHA with borrower payment information when FHA determines a mortgagee default on its payment obligations is likely in order to minimize delays in borrower receipt of eligible payments under their HECM loan.

To facilitate FHA's review and analysis of feedback, interested stakeholders are encouraged to thoroughly review the content of the Draft ML and use the Feedback Response Worksheet to provide feedback through June 12, 2023:

• View the Draft ML, Modifications to FHA Home Equity Conversion Mortgage (HECM) Requirements Related to Secretary Payment of Borrower Disbursements Due to Mortgagee Default.
• Download the Feedback Response Worksheet and add any feedback to it.
• Email the completed worksheet to sffeedback@hud.gov