Update: FHA loans in a standard IRS repayment plan

Effective immediately, Carrington Mortgage Services, LLC (CMS) will apply the following guidance for FHA loans in a standard IRS repayment plan (may not be part of a lien or judgment):

 
In addition, the following applies:

• It is acceptable for the current year owed to be added to an existing repayment plan
• No change in guidance for borrowers who have filed an extension for the current year due