Are Informal and Formal Forbearances eligible for loss mitigation incentive payments?

Informal and Formal Forbearances are not eligible for loss mitigation incentive payments.

Additional questions may be directed to the HUD National Servicing Center at (877) 622-8525.
 
For policy information see Handbook 4000.1 III.A.2.k.ii.(B) at https://www.hud.gov/program_offices/administration/hudclips/handbooks/hsgh
 

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-05193