FHA issued a waiver for automatic extensions for foreclosure initiation time frame for Loss Mitigation Option. FHA issued a waiver for the following under FHA Single Family Housing Policy Handbook III.A.2.p.i(D)(2):
- Bullet point 2: the conjunction “and” and;
- Bullet point 3: “initiated foreclosure action after reviewing the borrower for other Loss Mitigation Options from the date the borrower defaulted under a Loss Mitigation Option or a TPP Agreement failed”.
The waiver went into effect June 23, 2026.
Click to view the FHA Waiver-Handbook 4000-1 Waiver of Conditions for Automatic Extensions for Loss Mitigation: https://www.tenaco.com/wp-content/uploads/2026/07/FHA-Waiver-Handbook-4000-1-Waiver-of-Conditions-for-Automatic-Extensions-for-Loss-Mitigation-06-23-26.pdf
