Fannie's Update on Buying Loans in Forbearance

Due to the unprecedented and swift nature of the COVID-19 pandemic and its impact on the nation's employment, we are providing liquidity options for certain loans that have been placed into forbearance after loan closing but prior to loan sale. We will temporarily be purchasing (or securitizing) loans that are in forbearance that would otherwise be ineligible based on our current policies....(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web https://ift.tt/2XSTII9
via IFTTT