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On May 20, FHA INFO 20-33 announced that FHA published a 30-Day Notice of Proposed Information Collection: Application for FHA-Insured Mortgages (Loan-Level Certifications) in the Federal Register (Docket No. FR-7024-N-22); and shared a video message from FHA Commissioner Brian Montgomery to homeowners with FHA-insured mortgages experiencing financial hardships caused by the COVID-19 emergency.

On May 14, FHA INFO 20-32 announced that FHA published Mortgagee Letters (ML) 2020-13Extension of Foreclosure and Eviction Moratorium and New Reporting Requirements Related to CARES Act Loss Mitigation Options, and ML 2020-14Extension of the Effective Date of Re-verification of Employment and Exterior-Only and Desktop-Only Appraisal Scope of Work Options; and the availability of a new COVID-19 consumer website.

On April 28, FHA INFO 20-29 announced the availability of a new COVID-19 related Default Reason Code in the Single Family Default Monitoring System (SFDMS) to ensure loss mitigation actions are accurately recorded. 

 

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