Housing Counseling Webinar: FHA COVID-19 Loss Mitigation Updates for Housing Counselors

This webinar, published on February 26, 2021, provided a briefing on the Mortgagee Letter (ML) 2021-05.

On February 16, 2021, FHA published ML 2021-05, "Extensions of Single Family Foreclosure and Eviction Moratorium, Start Date of COVID-19 Initial Forbearance, and Home Equity Conversion Mortgage (HECM) Extension Period; Expansion of COVID-19 Loss Mitigation Options". FHA outlines multiple COVID-19 related policy extensions and expansions that are designed make it easier for mortgagees to provide FHA-insured homeowners with the assistance they need to retain their homes during these challenging times.

HUD