“The changes are to ensure continued support for borrowers during the COVID-19 national emergency,” according to the agency.
Originally set to expire on January 31, the flexibilities will now last until February 28.
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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 to Keep COVID-19 Loan Flexibility Through February
The Federal Housing Finance Agency has announced that Fannie Mae and Freddie Mac will extend several flexible standards for loan originations by another month.
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