Establishes the 40-year standalone Loan Modification into FHA’s COVID-19 Loss Mitigation policies. The provisions of this ML may be implemented immediately but must be implemented no later than May 8, 2023. Agency Guides / FHA Single Family / Mortgagee Letters – 2023 / ML 2023-06: Establishment of the 40-Year Loan Modification Loss Mitigation Option (03/08/23)
