The COVID-19 National Emergency forbearance is not a written agreement; it must be approved, upon borrower request, for up to six months and extended up to and additional six months, upon borrower request. The COVID-19 Forbearance may only be offered under the guidance of this COVID-19 National Emergency.
For additional information see Mortgagee Letter 2020-06 available at: https://www.hud.gov/program_offices/administration/hudclips/letters/mortgagee
FHA continues to revise its FHA Single Family COVID-19 information as needed to keep stakeholders updated with the latest information about FHA’s response to the Presidentially-declared COVID-19 national emergency. Related information for FHA mortgagees, borrowers and other interested parties is available at https://www.hud.gov/program_offices/housing/sfh and on the https://www.hud.gov/answers website.
HQ Policy Determination – COVID-19 guidance