HUD Mortgagee Letter 2024-25

hud-ml-2024-25

HUD Mortgagee Letter 2024-25. See obligation entries for operative requirements and verbatim primary-source citations.

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source:
  type: regulation
  id: hud-ml-2024-25
  authority: HUD Mortgagee Letter 2024-25
  description: |
    HUD Mortgagee Letter 2024-25. See obligation entries for operative
    requirements and verbatim primary-source citations.
obligations:
  - id: hud-ml-2024-25-forward-mortgage-moratorium
    canonical_id: hud-ml-2024-25-forward-mortgage-moratorium
    section: 'HUD ML 2024-25 — FHA-Insured Forward Mortgages: Extension of Foreclosure Moratorium for Hurricanes Helene and Milton'
    description: |
      For FHA-insured Single Family forward mortgages secured by Properties
      located in FEMA-designated disaster areas for Hurricanes Helene and
      Milton (across Florida, Georgia, North Carolina, South Carolina,
      Tennessee, and Virginia per the FEMA Declarations enumerated in ML
      2024-25), [LENDER] must observe a moratorium on foreclosure through
      April 11, 2025, applying both to the initiation of new foreclosures and
      to the completion of foreclosures already in process.
    type: dont
    audit_question: For every FHA-insured forward Mortgage with subject Property in any of the FEMA-Declaration areas listed in ML 2024-25 (Hurricanes Helene and Milton across FL, GA, NC, SC, TN, VA), can [LENDER] evidence that no foreclosure initiation or completion occurred during the moratorium period (through April 11, 2025) and that first-legal-action / Reasonable Diligence Time Frame deadlines were extended by 180 Days from April 11, 2025?
    program_review: Does the program account for the Helene/Milton disaster moratorium — halting foreclosure initiation and completion on affected forward mortgages in the enumerated FEMA-Declaration areas (FL, GA, NC, SC, TN, VA) through April 11, 2025, with 180-Day deadline extensions from that date?
    file_review: Spot-check forward-mortgage files in the listed FEMA-Declaration areas; confirm no foreclosure initiation/completion through April 11, 2025 and the 180-Day deadline extensions.
    judgment: false
    feeds: []
    workflow_phase: servicing
    owner_role: default_servicing_analyst
    secondary_owner_role: compliance_officer
    cadence: per-affected-loan
    consequence: ''
    tags:
      - round-b
      - regulator-direct
      - hud-ml
      - fha
      - servicing
      - foreclosure-moratorium
      - disaster-relief
      - helene
      - milton
      - promoted
    primary_source:
      tier: 1
      authority: HUD ML 2024-25 — FHA-Insured Forward Mortgages
      source_class: hud-ml-pdf
      source_url: https://www.hud.gov/sites/dfiles/OCHCO/documents/2024-25hsgml.pdf
      snapshot_id: b3293b7ff0dc948d
      fetched_at: '2026-05-22T19:54:56Z'
      content_hash: sha256:43b30ab78e08f21c57c734f18ae46a67f04bd9e77d74ac921bf76d96a9ca3fba
      paragraph_quote: |-
        Properties secured by FHA-insured Single Family forward mortgages are 
        subject to a moratorium on foreclosure through April 11, 2025. The 
        moratorium applies to the initiation of foreclosures and to the completion of 
        foreclosures in process for the following FEMA Declarations for Hurricanes 
        Helene
      drafter_attestation: |
        Copied verbatim from snapshot b3293b7ff0dc948d (content.txt) at
        2026-05-22T20:25Z. Substring is the forward-mortgage moratorium
        operative paragraph of ML 2024-25 (FEMA-Declaration table follows the
        quoted span).
    promoted_at: '2026-05-22T20:17:42+00:00'
    promoted_from: hud-ml-2024-25-roundb-v1.yaml
  - id: hud-ml-2024-25-hecm-moratorium
    canonical_id: hud-ml-2024-25-hecm-moratorium
    section: HUD ML 2024-25 — HECM Foreclosure Moratorium for Hurricanes Helene and Milton
    description: |
      For FHA-insured HECMs secured by Properties located in FEMA-designated
      disaster areas for Hurricanes Helene and Milton, [LENDER] must observe
      a moratorium on foreclosures through April 11, 2025 — but only where
      the HECM is Due and Payable for reasons other than the death of the last
      remaining Borrower and is not subject to a Deferral Period — applying
      to both the initiation of foreclosures and foreclosures already in
      process.
    type: dont
    audit_question: For every FHA-insured HECM with subject Property in any FEMA-Declaration area listed in ML 2024-25 that became Due and Payable for reasons other than death of the last remaining Borrower (and was not subject to a Deferral Period), can [LENDER] evidence that no foreclosure initiation or completion occurred during the moratorium period (through April 11, 2025)?
    program_review: Does the program account for the Helene/Milton HECM moratorium condition — halting foreclosures through April 11, 2025 only where the HECM is Due and Payable for reasons other than death of the last remaining Borrower and not in a Deferral Period?
    file_review: Spot-check qualifying HECM files in the listed FEMA-Declaration areas; confirm no foreclosure initiation/completion through April 11, 2025.
    judgment: false
    feeds: []
    workflow_phase: servicing
    owner_role: default_servicing_analyst
    secondary_owner_role: compliance_officer
    cadence: per-affected-loan
    consequence: ''
    tags:
      - round-b
      - regulator-direct
      - hud-ml
      - fha
      - hecm
      - servicing
      - foreclosure-moratorium
      - disaster-relief
      - helene
      - milton
      - promoted
    primary_source:
      tier: 1
      authority: HUD ML 2024-25 — HECM Foreclosure Moratorium
      source_class: hud-ml-pdf
      source_url: https://www.hud.gov/sites/dfiles/OCHCO/documents/2024-25hsgml.pdf
      snapshot_id: b3293b7ff0dc948d
      fetched_at: '2026-05-22T19:54:56Z'
      content_hash: sha256:43b30ab78e08f21c57c734f18ae46a67f04bd9e77d74ac921bf76d96a9ca3fba
      paragraph_quote: |-
        The Mortgagee must observe a moratorium on foreclosures of properties 
        secured by FHA-insured HECMs through April 11, 2025, in the following 
        FEMA Declarations for Hurricanes Helene and Milton:
      drafter_attestation: |
        Copied verbatim from snapshot b3293b7ff0dc948d (content.txt) at
        2026-05-22T20:25Z. Substring is the HECM moratorium standard of ML
        2024-25; the applicability conditions (Due and Payable reason,
        Deferral Period exclusion) are described, and the FEMA-Declaration
        table follows the quoted span.
    promoted_at: '2026-05-22T20:17:42+00:00'
    promoted_from: hud-ml-2024-25-roundb-v1.yaml
_promotion_history:
  - promoted_at: '2026-05-22T20:17:42+00:00'
    candidate_path: obligations\_remediation\_round_b_drafts\hud-ml-2024-25-roundb-v1.yaml
    candidates_promoted: 2
    candidates_skipped_existing: 0

Verbatim regulatory text (2)

Verbatim provisions from HUD Mortgagee Letter 2024-25 — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.

HUD ML 2024-25 — FHA-Insured Forward Mortgages: Extension of Foreclosure Moratorium for Hurricanes Helene and Milton

Properties secured by FHA-insured Single Family forward mortgages are subject to a moratorium on foreclosure through April 11, 2025. The moratorium applies to the initiation of foreclosures and to the completion of foreclosures in process for the following FEMA Declarations for Hurricanes Helene

Source: HUD ML 2024-25 — FHA-Insured Forward Mortgages · source URL · snapshot b3293b7ff0dc948d

HUD ML 2024-25 — HECM Foreclosure Moratorium for Hurricanes Helene and Milton

The Mortgagee must observe a moratorium on foreclosures of properties secured by FHA-insured HECMs through April 11, 2025, in the following FEMA Declarations for Hurricanes Helene and Milton:

Source: HUD ML 2024-25 — HECM Foreclosure Moratorium · source URL · snapshot b3293b7ff0dc948d