FHA Inches Closer to Offering a 40-Year Loan Modification

HousingWire, Feb. 24, 2022–Flávia Furlan Nunes
The Federal Housing Administration is working to expand the COVID-19 loss mitigation program to include the option of a 40-year loan modification with a partial claim, an acknowledgement that some borrowers exiting forbearance are still facing financial challenges. (MBA mention)