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.
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MMG's Bodnar: We've Been Watching This Movie All Year Bill Bodnar of the Mortgage Market Guide breaks down the jobs report, why and how it came in above expectations, and what that means just days ahead of the Fed meeting.
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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.
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