HUD Handbook 4000.1 IV.A.2.f: Claim Type 31 – Special Forbearance

Document
HUD Handbook 4000.1, FHA Single Family Housing Policy Handbook
Section date
Version in Zeitro Strata
Where
page 1629 of 1872

Page 1629

f. Claim Type 31 – Special Forbearance (06/15/2020)

The Mortgagee may file a claim for an SFB-Unemployment incentive under Claim Type 31. HUD will pay the Mortgagee a financial incentive for the use of an SFB-Unemployment Option in compliance with all regulatory requirements and procedures relating to the submission of incentive claims.

HUD must receive a correct and complete claim submission of Parts A and B via FHAC or FHA Catalyst within 60 Days of the execution date of the SFB-Unemployment Agreement or the incentive claim will not be processed.

Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.