Attention Lenders:
On Tuesday July 16 2019, an injunction was granted in Federal Court to delay the implementation of HUD Mortgagee Letters 19-06 and 19-07. No end date to the injunction has yet been provided by the courts or by HUD. Accordingly, NJHMFA will temporarily delay the launch of the documentation changes described in NJHMFA Lender Bulletin 2019-9. NJHMFA will continue to use the existing DPA Award Letter documents until further notice.
If you would like to request a sample copy of the new Down Payment Assistance Award Letter and the updated Commitment Letter in order to prepare for the eventual launch of the documentation required by HUD Mortgagee Letters 19-06 and 19-07, please send an email request to the Single Family Business Development Team at
SFLenders@njhmfa.gov.