HUD: FHA INFO #17-47: Extension of Initial Disaster Foreclosure Moratorium for Properties in Specified Areas Impacted by Hurricanes Harvey, Irma, and Maria (ML 17-15); SF Claims: Suspended Claim Dashboard; Training Opportunities

Investor Update
October 20, 2017

Extension of Disaster Foreclosure Moratorium

Today, the Federal Housing Administration (FHA) published Mortgagee Letter 2017-15, Extension of Initial Disaster Foreclosure Moratorium for Properties in Specified Areas Impacted by Hurricanes Harvey, Irma, and Maria. This Mortgagee Letter (ML) communicates specific guidance for the extension of the foreclosure moratorium for FHA-insured properties in the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA)-designated Individual Assistance Areas that are located within the Presidentially-Declared Major Disaster Areas for Hurricanes Harvey, Irma, and Maria. The extension of these three initial moratoriums applies to the initiation of foreclosures and foreclosures already in process.

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Single Family Claims: Suspended Claim Dashboard

Today, the Federal Housing Administration (FHA) is announcing the implementation of the “Suspended Claim Dashboard” in P260/Yardi, which is currently available for use. This dashboard will allow servicers to upload suspended documentation as an alternative to mailing hard copy documents to the Department of Housing and Urban Development (HUD), thus increasing efficiency and limiting the amount of paper used.

Servicers needing additional assistance with accessing or using the dashboard should contact FHA_SFClaims@hud.gov for instructions.

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Source: HUD (FHA INFO #17-47 full version)

Additional Resources:

Safeguard Properties (Hurricane Maria All Client Alert summary page)

Safeguard Properties (Hurricane Irma All Client Alert summary page)

Safeguard Properties (Hurricane Harvey All Client Alert summary page)

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