HUD Mortgagee Letter 2023-08 — Extension for COVID-19 Forbearance and COVID-19 HECM Extensions Through May 31, 2023

hud-ml-2023-08

HUD ML 2023-08 establishes a final date of May 31, 2023 for Borrowers to request an initial COVID-19 Forbearance or a COVID-19 HECM Extension, and caps the maximum COVID-19 Forbearance period at November 30, 2023.

Get this register: .xlsx .csv More bundles →

source:
  type: regulation
  id: hud-ml-2023-08
  authority: HUD Mortgagee Letter 2023-08 — Extension for COVID-19 Forbearance and COVID-19 HECM Extensions Through May 31, 2023
  description: |
    HUD ML 2023-08 establishes a final date of May 31, 2023 for Borrowers to
    request an initial COVID-19 Forbearance or a COVID-19 HECM Extension, and
    caps the maximum COVID-19 Forbearance period at November 30, 2023.
obligations:
  - id: hud-ml-2023-08-covid-forbearance-on-request
    canonical_id: hud-ml-2023-08-covid-forbearance-on-request
    section: HUD ML 2023-08 — COVID-19 Forbearance on Borrower Request (III.A.2.o.i(B))
    description: |
      Upon Borrower request, [LENDER] must offer a COVID-19 Forbearance to any
      Borrower that experiences an adverse impact on their ability to make
      on-time Mortgage Payments due to the COVID-19 pandemic, regardless of
      Default status. All FHA-insured Borrowers are eligible for a COVID-19
      Forbearance, regardless of the delinquency status of the Mortgage.
    type: do
    audit_question: For every Borrower who requested a COVID-19 Forbearance on or before May 31, 2023 due to COVID-19 impact, can [LENDER] evidence that a COVID-19 Forbearance was offered regardless of the Borrower's Default status or delinquency status?
    program_review: Does the program account for the on-request COVID forbearance entitlement — offering a COVID-19 Forbearance to any adversely-impacted Borrower regardless of Default/delinquency status, on request (through May 31, 2023)?
    file_review: Spot-check COVID-forbearance requests through May 31, 2023; confirm a forbearance was offered regardless of Default/delinquency status.
    judgment: false
    feeds: []
    workflow_phase: servicing
    owner_role: default_servicing_analyst
    secondary_owner_role: compliance_officer
    cadence: per-borrower-request
    consequence: ''
    tags:
      - round-b
      - regulator-direct
      - hud-ml
      - fha
      - servicing
      - forbearance
      - covid-19
      - promoted
    primary_source:
      tier: 1
      authority: HUD ML 2023-08 — III.A.2.o.i(B)
      source_class: hud-ml-pdf
      source_url: https://www.hud.gov/sites/dfiles/OCHCO/documents/2023-08hsgml.pdf
      snapshot_id: 44aeb86007584113
      fetched_at: '2026-05-22T19:57:04Z'
      content_hash: sha256:5f18c07b34ad2d44eb510da9f36796e889c1621cdc36877a626342a8e223e390
      paragraph_quote: |-
        Upon Borrower request, Mortgagees must offer a COVID-19 Forbearance 
        to any Borrower that experiences an adverse impact on their ability to make 
        on-time Mortgage Payments due to the COVID-19 pandemic, regardless of 
        Default status.
      drafter_attestation: |
        Copied verbatim from snapshot 44aeb86007584113 (content.txt) at
        2026-05-22T20:00Z. Substring is the operative COVID-19
        Forbearance offer-on-request standard incorporated into Handbook
        4000.1 III.A.2.o.i(B) by ML 2023-08.
    promoted_at: '2026-05-22T20:56:15+00:00'
    promoted_from: hud-ml-2023-08-roundb-v1.yaml
  - id: hud-ml-2023-08-forbearance-period-cap-nov-30
    canonical_id: hud-ml-2023-08-forbearance-period-cap-nov-30
    section: HUD ML 2023-08 — Maximum Forbearance Period Cap (III.A.2.o.i(B))
    description: |
      No COVID-19 Forbearance period that [LENDER] offers may extend beyond
      November 30, 2023.
    type: dont
    audit_question: Can [LENDER] demonstrate that no COVID-19 Forbearance period extended any FHA-insured Borrower beyond November 30, 2023?
    program_review: Do the P&Ps ensure no COVID-19 Forbearance period extends beyond November 30, 2023?
    file_review: Spot-check COVID-forbearance plans; confirm no forbearance period extended beyond November 30, 2023.
    judgment: false
    feeds: []
    workflow_phase: servicing
    owner_role: default_servicing_analyst
    secondary_owner_role: compliance_officer
    cadence: continuous
    consequence: ''
    tags:
      - round-b
      - regulator-direct
      - hud-ml
      - fha
      - servicing
      - forbearance
      - covid-19
      - sunset-date
      - promoted
    primary_source:
      tier: 1
      authority: HUD ML 2023-08 — III.A.2.o.i(B)
      source_class: hud-ml-pdf
      source_url: https://www.hud.gov/sites/dfiles/OCHCO/documents/2023-08hsgml.pdf
      snapshot_id: 44aeb86007584113
      fetched_at: '2026-05-22T19:57:04Z'
      content_hash: sha256:5f18c07b34ad2d44eb510da9f36796e889c1621cdc36877a626342a8e223e390
      paragraph_quote: No COVID-19 Forbearance period may extend beyond November 30, 2023.
      drafter_attestation: |
        Copied verbatim from snapshot 44aeb86007584113 (content.txt) at
        2026-05-22T20:00Z. Substring is the November 30, 2023 maximum
        forbearance period cap incorporated into Handbook 4000.1
        III.A.2.o.i(B) by ML 2023-08.
    promoted_at: '2026-05-22T20:56:15+00:00'
    promoted_from: hud-ml-2023-08-roundb-v1.yaml
  - id: hud-ml-2023-08-late-charges-waived
    canonical_id: hud-ml-2023-08-late-charges-waived
    section: HUD ML 2023-08 — Late Charges, Fees, and Penalties Waived (III.A.2.o.i(B))
    description: |
      [LENDER] must waive all Late Charges, fees, and penalties, if any, as long
      as the Borrower is on a COVID-19 Forbearance Plan.
    type: do
    audit_question: For every Borrower on a COVID-19 Forbearance Plan, can [LENDER] evidence that all Late Charges, fees, and penalties accrued during the forbearance period were waived?
    program_review: Do the P&Ps ensure all Late Charges, fees, and penalties are waived while a Borrower is on a COVID-19 Forbearance Plan?
    file_review: Spot-check accounts on a COVID-19 Forbearance Plan; confirm Late Charges/fees/penalties accrued during forbearance were waived.
    judgment: false
    feeds: []
    workflow_phase: servicing
    owner_role: default_servicing_analyst
    secondary_owner_role: compliance_officer
    cadence: continuous
    consequence: ''
    tags:
      - round-b
      - regulator-direct
      - hud-ml
      - fha
      - servicing
      - forbearance
      - covid-19
      - fee-waiver
      - promoted
    primary_source:
      tier: 1
      authority: HUD ML 2023-08 — III.A.2.o.i(B)
      source_class: hud-ml-pdf
      source_url: https://www.hud.gov/sites/dfiles/OCHCO/documents/2023-08hsgml.pdf
      snapshot_id: 44aeb86007584113
      fetched_at: '2026-05-22T19:57:04Z'
      content_hash: sha256:5f18c07b34ad2d44eb510da9f36796e889c1621cdc36877a626342a8e223e390
      paragraph_quote: |-
        The Mortgagee must waive all Late Charges, fees, and penalties, if any, as 
        long as the Borrower is on a COVID-19 Forbearance Plan.
      drafter_attestation: |
        Copied verbatim from snapshot 44aeb86007584113 (content.txt) at
        2026-05-22T20:00Z. Substring is the Late Charge / fee / penalty
        waiver requirement incorporated into Handbook 4000.1
        III.A.2.o.i(B) by ML 2023-08.
    promoted_at: '2026-05-22T20:56:15+00:00'
    promoted_from: hud-ml-2023-08-roundb-v1.yaml
_promotion_history:
  - promoted_at: '2026-05-22T20:56:15+00:00'
    candidate_path: obligations\_remediation\_round_b_drafts\hud-ml-2023-08-roundb-v1.yaml
    candidates_promoted: 3
    candidates_skipped_existing: 0

Verbatim regulatory text (3)

Verbatim provisions from HUD Mortgagee Letter 2023-08 — Extension for COVID-19 Forbearance and COVID-19 HECM Extensions Through May 31, 2023 — 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 2023-08 — COVID-19 Forbearance on Borrower Request (III.A.2.o.i(B))

Upon Borrower request, Mortgagees must offer a COVID-19 Forbearance to any Borrower that experiences an adverse impact on their ability to make on-time Mortgage Payments due to the COVID-19 pandemic, regardless of Default status.

Source: HUD ML 2023-08 — III.A.2.o.i(B) · source URL · snapshot 44aeb86007584113

HUD ML 2023-08 — Maximum Forbearance Period Cap (III.A.2.o.i(B))

No COVID-19 Forbearance period may extend beyond November 30, 2023.

Source: HUD ML 2023-08 — III.A.2.o.i(B) · source URL · snapshot 44aeb86007584113

HUD ML 2023-08 — Late Charges, Fees, and Penalties Waived (III.A.2.o.i(B))

The Mortgagee must waive all Late Charges, fees, and penalties, if any, as long as the Borrower is on a COVID-19 Forbearance Plan.

Source: HUD ML 2023-08 — III.A.2.o.i(B) · source URL · snapshot 44aeb86007584113

Operationalizing HUD Mortgagee Letter 2023-08 — Extension for COVID-19 Forbearance and COVID-19 HECM Extensions Through May 31, 2023

This is verbatim, source-snapshotted regulator text from the Claude for Compliance open corpus. To turn a rule like this into compliance work product: gap-analyze your policies and procedures (P&Ps) against these requirements to surface stale, conflicting, or missing provisions; operationalize any change with a ready-to-run update kit; and produce audit-ready evidence — every step grounded only in the regulator’s own words, never invented.

Source of record: https://claudeforcompliance.com/regs/hud-ml-2023-08/ · register hud-ml-2023-08 · Claude for Compliance. Free to read and download; see regulatory updates and methodology.