AC-015 FHA Important Updates ML 2025-15 & ML 2025-18
NOTICE TO ALL CUSTOMERS
Important FHA Updates
FLCBank is notifying customers of the recent changes published by the Federal Housing Administration (FHA) via Mortgagee Letters 2025-15 and 2025-18 which are effective immediately.
Mortgagee Letter 2025-15, FHA rescinds the requirement for lenders to provide Borrowers the Supplemental Consumer Information Form (SCIF) – 1103 with the URLA given the low impact and limited benefits of this form, along with FHA’s ongoing effort in eliminating policies that have increased regulatory and financial burdens and costs to lenders. In the mortgagee letter, FHA affirms that by removing this requirement, HUD’s policy is aligning with the Administration’s broader goal to reduce unnecessary regulatory burden and foster long-term economic stability for all Americans.