-In response to the COVID-19 pandemic, the Federal Housing Finance Agency (FHFA) announced on Monday that loans in forbearance will be treated, in some aspects, similarly to those in forbearance due to natural disasters.
-The FHFA is encouraging servicers to offer borrowers flexible options for repayment once their forbearance period ends.
-The announcement applies to Fannie Mae and Freddie Mac loans, as well as loans backed by the Federal Housing Administration, the Department of Veterans Affairs, and the Department of Agriculture.
You can read this full article at: https://www.housingwire.com/articles/fhfa-extends-certain-rep-and-warrants-to-pandemic-related-forbearance-loans/(subscription required)
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