The Federal Housing Administration (FHA) this week published Mortgagee Letter (ML) 2025-06, which codifies “updates to FHA’s permanent loss mitigation options based on learnings from its temporary COVID-19 policies and feedback received on the draft policies” from a proposal published this past November.
Published on Thursday, the letter extends existing COVID-19 recovery options to February 2026. The FHA said it is aiming to give stakeholders “time to implement the new loss mitigation, claims, and reporting requirements.”
The letter clocks in at 243 pages, detailing a large number of changes details ⇒
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