RHS revised chapter 16 of the Single Family Housing Guaranteed Loan Program Technical Handbook (HB-1-3555). The updates to chapter 16: clarify the circumstanced under which a power of attorney may be utilized to close a loan; modify language with respect to the maximum hazard insurance deductible; and make technical corrections to the Loan Closing Stacking Order Checklist (Attachment 16-A). The updates went into effect July 7, 2017.
FHA
FHA Revises and Streamlines Policy Established in Mortgagee Letters 2024-24 and 2025-12
FHA issued Mortgagee Letter (ML) 2025-14 revising and streamlining policy established in ML 2024-24 (Modernization of Engagement with Borrowers in Default) and providing clarifications to
June 4, 2025
