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fannie mae unemployment forbearance program: Fannie Mae and Freddie Mac Offer Unemployment Forbearance Programs to Assist Homeowners - 01/18/12 12:34 PM
Fannie Mae revealed its new Unemployment Forbearance Program which allows mortgage servicers to assist borrowers who have a financial hardship due to unemployment.  Mortgage servicers are required to implement this new program by March 1 for all Fannie Mae-owned and backed loans.
Mortgage servicers can now provide up to six months of relief for eligible unemployed borrowers and do not have to get Fannie Mae's approval to do so.  In addition, borrowers can also apply for an additional six months of forbearance for a total of twelve months of assistance.
Freddie Mac also has a similar program that goes into effect … (0 comments)

 
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Cinda Rose

Litchfield Park, AZ

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The West Valley Home Team at Welcome Home Realty

Address: 13020 W. Rancho Santa Fe Blvd, #102, Avondale, AZ , 85392

Office Phone: (623) 252-9350

Cell Phone: (623) 252-9350

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The West Valley Home Team at Welcome Home Realty specializes in Phoenix’s West Valley real estate market. I’ve lived in the West Valley for 34 years and absolutely love working where I live. The West Valley Home Team is here to serve all of your West Valley real estate needs whether you are buying or selling a home, looking to sell your home with a short sale or interested in purchasing a foreclosure in Litchfield Park, Goodyear, Avondale or Buckeye.


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