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Keep Up to Date on Mortgage Product Policy Changes

Posted by Anna Deibert on Apr 3, 2020 9:29:37 AM

mortgageblog4.3Amidst the COVID-19 crisis, the government entities decided to loosen some requirements on various policies. Below are links to website articles, bulletins and resources containing information regarding these policy changes:

Links to FHFA:

 

FHFA Mortgage Help for Homeowners Impacted by the Coronavirus

 

FHFA Announces New Mortgage Forbearance Guidelines

 

 

 

Links to FNMA:

 

FNMA Lender Letter LL-2020-03 Impact of COVID-19 on Originations

 

FNMA Lender Letter LL-2020-04 Impact of COVID-19 on Appraisals

 

FNMA Lender Letter LL-2020-05 Payment Deferrals

Links to FHLMC:

 

FHLMC Relief for Borrowers Impacted by COVID-19

 

FHLMC Bulletin 2020-4 Temporary Servicing Requirements Related to COVID-19

 

FHLMC Bulletin 2020-5 Selling Guidance Related to COVID-19

 

FHLMC Bulletin 2020-6 Payment Deferral

 

FHLMC Bulletin 2020-7 Servicing Requirements and Relief Related to COVID-19

Links to GNMA:

 

GNMA Memo 20-01 Temporary Use of Digital Signatures on form HUD 11711A and HUD 11711B

Links to HUD:

 

HUD Mortgagee Letter 2020-04 Foreclosure and Eviction Moratorium in Connection to COVID-19

 

HUD Mortgagee Letter 2020-05 Verification of Employment and Desk-Top Appraisals

Links to FHA:

 

HUD FHA Bulletin 20-20 Continuation of Business Operations Related to COVID-19

 

HUD FHA Bulletin 20-21 FHA Suspends Foreclosures and Evictions Amid COVID-19

 

HUD FHA Bulletin 20-22 Policy Changes to Employment Verification and Appraisal Inspections

Links to USDA:

 

USDA Rural Development Now in Enterprise-Wide Remote Operational Status

Links to VA:

 

VA Circular 26-20-7 Special Relief for those Potentially Impacted by COVID-19

 

VA Circular 26-20-8 Foreclosure Moratorium for Borrowers Affected by COVID-19

 

VA Circular 26-20-10 Lender Guidance for Borrowers Affected by COVID-19

 

VA Circular 26-20-11 Valuation Practices during COVID-19