If requested by the borrower, Mortgagees must offer the COVID-19 Loss Mitigation Options to all borrowers who have been experiencing a financial hardship adversely impacting their ability to make on-time mortgage payments due, directly or indirectly, to the COVID-19 National Emergency.
Mortgagees may approve eligible Borrowers requests for a COVID-19 Forbearance no later than February 28, 2021
For additional information, see:
- Handbook 4000.1 III.A.3.d.iii available at: https://www.hud.gov/program_offices/administration/hudclips/handbooks/hsgh
- Mortgagee Letters 2020-06, 2020-22, 2020-34 and 2020-44 available at: https://www.hud.gov/program_offices/administration/hudclips/letters/mortgagee