RHS Issues Revised Loss Mitigation Guidance for Guaranteed 502 Loans

摘要

The Rural Housing Service (RHS) has issued revised loss mitigation guidance for servicers of Section 502 guaranteed home loans, offering a one-time incentive for pre-foreclosure sales and deeds-in-lieu of foreclosure. The guidance was provided in Administrative Notice (AN) No. 4321 (1980-D), issued on December 18.