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
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