The Federal Housing Administration has gone to great lengths over the past year to protect homeowners impacted by COVID-19 from losing their homes, including reverse mortgage borrowers who are facing foreclosure.
NRMLA invited the leadership of the Servicing Committee to participate in a webinar to explain FHA’s foreclosure moratorium policies, the timeline extensions that have been announced, including most recently in Mortgagee Letter 2021-05, and what all this means for your clients.
They also took questions on a range of servicing topics. To view the webinar, click on the image below.