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FHA – Mortgagee Letter 2021-07

Description:

Extension of the End Date for COVID-19 Multisubject: Updated Temporary Guidance for Verification of Self-Employment; Rental Income; 203(k) Rehabilitation Escrow Account.

This Mortgagee Letter (ML) announces an extension of the effective period for ML 2020-24, published on July 29, 2020 and extended in ML 2020-46, dated December 17, 2020. This extension will allow industry partners additional opportunity to utilize flexible guidance related to verification of self-employment and verification of Rental Income for Single Family Title II Forward Mortgage and HECM Programs, and 203(k) escrow administration for the 203(k) Rehabilitation Program, in response to impacts from the Presidentially-Declared COVID-19 National Emergency

Document type:

  • Agency Bulletin/Form

Agency:

FHA

Download:

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