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On May 6, FHA INFO 2022-46  announced the Federal Housing Administration (FHA) is releasing updated frequently asked questions (FAQs) regarding the Department of Treasury's Homeowner Assistance Fund (HAF).  The FAQs clarify when a mortgagee may place a foreclosure action on hold when a borrower has applied for or will be utilizing HAF funds.

On May 5, FHA INFO 2022-45 announced FHA published Mortgagee Letter (ML) 2022-08, Expanding Affordable Housing Supply Through FHA’s Claims Without Conveyance of Title (CWCOT) Process, which supports the Biden Administration’s efforts to increase the supply of affordable housing and expand access to homeownership for low- and moderate-income homebuyers.

 

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