Update on CalHFA and HUD's
Mortgagee Letter 19-06 (ML 19-06)
As of Wednesday, April 24, 2019, HUD has agreed to delay the implementation of Mortgagee Letter 19-06 by 90 days. Accordingly, CalHFA will continue to review, approve and purchase loans in accordance with our Master Mortgage Purchase Agreement. In the interim, CalHFA continues to work with our legal counsel and the National Council of State Housing Agencies (NCSHA) to seek clarification and resolution to some of the underlying issues raised by the Letter.
Thank you for your continued partnership with CalHFA.