HUD Updates FHA Loss Mitigation Waterfall to Give Mortgage Servicers More Options

January 22, 2025

MortgageOrb, January 21, 2025-Chaz Wagner
The U.S. Department of Housing and Urban Development (HUD) has updated the Federal Housing Administration’s (FHA) loss mitigation waterfall, giving mortgage servicers more options to help struggling borrowers with FHA-insured single-family mortgages from going into foreclosure.