FHA Announces Policy Updates Related to COVID-19

Filed in Housing Finance by on March 30, 2020 0 Comments

As a result of the COVID-19 national emergency, the Federal Housing Administration (FHA) is announcing the following policy changes:

  • Reverification of employment, and exterior-only and desktop-only appraisal scope of work options for FHA single-family programs impacted by COVID-19;
  • A temporary waiver that provides mailing alternatives for condominium project approval application packages;
  • A temporary waiver of damage inspection reports in presidentially-declared major disaster areas due to COVID-19; and
  • An updated single-family COVID-19 Q&A.

View more details here.

 

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