HUD Mortgagee Letter 2024-15

hud-ml-2024-15

HUD Mortgagee Letter 2024-15. See obligation entries for operative requirements and verbatim primary-source citations.

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source:
  type: regulation
  id: hud-ml-2024-15
  authority: HUD Mortgagee Letter 2024-15
  description: |
    HUD Mortgagee Letter 2024-15. See obligation entries for operative
    requirements and verbatim primary-source citations.
obligations:
  - id: hud-ml-2024-15-forward-mortgage-moratorium
    canonical_id: hud-ml-2024-15-forward-mortgage-moratorium
    section: 'HUD ML 2024-15 — FHA-Insured Forward Mortgages: Extension of Foreclosure Moratorium for Maui County, Hawaii'
    description: |
      For FHA-insured Single Family forward mortgages secured by Properties
      located in Maui County, Hawaii, [LENDER] must observe the extended
      foreclosure moratorium through January 1, 2025, applying both to the
      initiation of new foreclosures and to the completion of foreclosures
      already in process; first-legal-action deadlines and Reasonable Diligence
      Time Frames are extended by 180 Days from January 1, 2025.
    type: dont
    audit_question: For every FHA-insured forward Mortgage with subject Property in Maui County, Hawaii, can [LENDER] evidence that no foreclosure initiation or completion occurred during the moratorium period (through January 1, 2025) and that first-legal-action / Reasonable Diligence Time Frame deadlines were extended by 180 Days from January 1, 2025?
    program_review: Does the program account for the extended Maui-County moratorium — halting foreclosure initiation and completion on affected forward mortgages through January 1, 2025 and extending first-legal-action / Reasonable Diligence deadlines by 180 Days from that date?
    file_review: Spot-check Maui-County forward-mortgage files; confirm no foreclosure initiation/completion through January 1, 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
      - promoted
    primary_source:
      tier: 1
      authority: HUD ML 2024-15 — FHA-Insured Forward Mortgages
      source_class: hud-ml-pdf
      source_url: https://www.hud.gov/sites/dfiles/OCHCO/documents/2024-15hsgml.pdf
      snapshot_id: c561f8c5edb51360
      fetched_at: '2026-05-22T19:54:47Z'
      content_hash: sha256:9f6d0ccaa4ca6817041e072089e1c5ed1173c8d6b8834aa970f930e7772aef7b
      paragraph_quote: |-
        Properties located in Maui County, Hawaii and secured by FHA-insured 
        Single Family forward mortgages are subject to an extended foreclosure 
        moratorium through January 1, 2025. The moratorium applies to the 
        initiation of foreclosures and to the completion of foreclosures in process. 
        Deadlines for the first legal action and Reasonable Diligence Time Frame 
        are extended by 180 Days from January 1, 2025.
      drafter_attestation: |
        Copied verbatim from snapshot c561f8c5edb51360 (content.txt) at
        2026-05-22T20:12Z. Substring is the forward-mortgage moratorium
        operative paragraph of ML 2024-15.
    promoted_at: '2026-05-22T20:17:33+00:00'
    promoted_from: hud-ml-2024-15-roundb-v1.yaml
  - id: hud-ml-2024-15-hecm-moratorium
    canonical_id: hud-ml-2024-15-hecm-moratorium
    section: HUD ML 2024-15 — HECM Foreclosure Moratorium for Maui County, Hawaii
    description: |
      For FHA-insured HECMs secured by Properties located in Maui County,
      Hawaii, [LENDER] must observe a moratorium on foreclosures through
      January 1, 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 Maui County, Hawaii 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 January 1, 2025)?
    program_review: Does the program account for the extended Maui-County HECM moratorium condition — halting foreclosures through January 1, 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 Maui-County HECM files; confirm no foreclosure initiation/completion through January 1, 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
      - promoted
    primary_source:
      tier: 1
      authority: HUD ML 2024-15 — HECM Foreclosure Moratorium
      source_class: hud-ml-pdf
      source_url: https://www.hud.gov/sites/dfiles/OCHCO/documents/2024-15hsgml.pdf
      snapshot_id: c561f8c5edb51360
      fetched_at: '2026-05-22T19:54:47Z'
      content_hash: sha256:9f6d0ccaa4ca6817041e072089e1c5ed1173c8d6b8834aa970f930e7772aef7b
      paragraph_quote: |-
        The Mortgagee must observe a moratorium on foreclosures of FHA-insured 
        HECMs secured by Properties located in Maui County, Hawaii through 
        January 1, 2025.
      drafter_attestation: |
        Copied verbatim from snapshot c561f8c5edb51360 (content.txt) at
        2026-05-22T20:12Z. Substring is the HECM moratorium standard
        of ML 2024-15; the applicability conditions (Due and Payable reason,
        Deferral Period exclusion) are enumerated in the description.
    promoted_at: '2026-05-22T20:17:33+00:00'
    promoted_from: hud-ml-2024-15-roundb-v1.yaml
_promotion_history:
  - promoted_at: '2026-05-22T20:17:33+00:00'
    candidate_path: obligations\_remediation\_round_b_drafts\hud-ml-2024-15-roundb-v1.yaml
    candidates_promoted: 2
    candidates_skipped_existing: 0

Verbatim regulatory text (2)

Verbatim provisions from HUD Mortgagee Letter 2024-15 — 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 2024-15 — FHA-Insured Forward Mortgages: Extension of Foreclosure Moratorium for Maui County, Hawaii

Properties located in Maui County, Hawaii and secured by FHA-insured Single Family forward mortgages are subject to an extended foreclosure moratorium through January 1, 2025. The moratorium applies to the initiation of foreclosures and to the completion of foreclosures in process. Deadlines for the first legal action and Reasonable Diligence Time Frame are extended by 180 Days from January 1, 2025.

Source: HUD ML 2024-15 — FHA-Insured Forward Mortgages · source URL · snapshot c561f8c5edb51360

HUD ML 2024-15 — HECM Foreclosure Moratorium for Maui County, Hawaii

The Mortgagee must observe a moratorium on foreclosures of FHA-insured HECMs secured by Properties located in Maui County, Hawaii through January 1, 2025.

Source: HUD ML 2024-15 — HECM Foreclosure Moratorium · source URL · snapshot c561f8c5edb51360