These COVID-19 allowances, previously set to expire April, will now extend to May 31. The FHFA indicated in its announcement that it does not expect to continue extending loan flexibilities further in coming months.
-
Navigating the Changing Landscape of Mortgage Interest Rates Explore how fluctuating mortgage interest rates are impacting home affordability, influencing lending practices, and shaping borrower strategies in today's dynamic market.
Estimated reading time: 0 minutes, 20 seconds
FHFA Extends COVID-19 Loan Flexibilities for Fannie, Freddie
The Federal Housing Finance Agency has announced that Fannie Mae and Freddie Mac will let some temporary loan origination flexibilities last a little longer. So reports DS News.
MOST READ STORIES
Fast,Easy & Free