Are the Loss Mitigation options provided by Mortgagee Letter 15-11 available during a HECM Deferral Period?

Permissible loss mitigation is only available at the discretion of the Mortgagee and only for a borrower.  There are no permissible loss mitigation options available during a Deferral Period.
For more information see Mortgagee Letter 15-11 available at
Any questions may be directed to the FHA Resource Center at Toll-Free (800) CALLFHA (225-5342) or by email to  Persons with hearing or speech impairments may reach this number by calling the Federal Information Relay Service at (800) 877-8339.

All policy information contained in this knowledge base article is based upon the referenced HUD policy document. Any lending or insuring decisions should adhere to the specific information contained in that underlying policy document.

Topic Number: KA-05004