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On March 1, FHA INFO 18-09 announced the Federal Housing Administration (FHA) published Mortgagee Letter (ML) 2018-02, “Extension of Disaster Foreclosure Moratoriums for Specified Areas Impacted by Hurricane Maria,” which extends the current 180-day foreclosure moratorium in the Presidentially-Declared Major Disaster Areas (PDMDAs) for Hurricane Maria in Puerto Rico and the U.S. Virgin Islands for an additional 60 days, through May 18, 2018.

On February 22, FHA INFO 18-08 announced that FHA published Mortgagee Letter 2018-01, “Loss Mitigation Policy Changes for Hurricanes Harvey, Irma, and Maria and certain California Wildfires that occurred in October 2017 (FEMA-DR-4344), or certain California Wildfires, Flooding, Mudflows, and Debris Flows that occurred in December 2017 (FEMA-DR-4353); An industry briefing call will be conducted on Thursday, March 1, 2018. Technical information geared toward FHA-approved servicers will be provided, but other stakeholders may participate if desired.



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