mortgage relief: Mortgage Relief Options Available During Coronavirus Pandemic
- 03/24/20 01:14 PM
The coronavirus pandemic is causing uncertainty across the nation—and for many, that includes financial uncertainty. Luckily, there are options for homeowners impacted by the coronavirus. In a recent statement, Mark Calabria, Director of the Federal Housing Finance Agency (which regulates Fannie Mae, Freddie Mac, and the 11 Federal Home Loan Banks) called attention to options homeowners may have if they struggle to pay their mortgage during this time of crisis. “To meet the needs of borrowers who may be impacted by the coronavirus, last week Fannie Mae and Freddie Mac (‘The Enterprises’) reminded mortgage servicers that hardship forbearance is an option for borrowers who … (1 comments)
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