FHFA Extends Multifamily Forbearance Again
Multifamily property owners with mortgages backed by Fannie Mae or Freddie Mac can continue to receive COVID-19-related forbearance through Sept. 30, the Federal Housing Finance Agency said in a statement today. The FHFA’s COVID-19 forbearance program was set to...As Resort Towns Flourish, Lending Tightens
As the market for vacation homes continues to forge ahead at an almost unprecedented pace, the two major suppliers of financing funds have put a lid on the number of mortgages for such properties they will buy from primary lenders. As of April 1, Fannie Mae and...
Forbearance Extended for Fannie, Freddie Loans
Borrowers with mortgages backed by Fannie Mae or Freddie Mac will be eligible for another three months of forbearance, the Federal Housing Finance Agency announced last week. The FHFA said in a statement that borrowers with a COVID-19 forbearance plan on Feb. 28 could...
Lenders Expect Strong Profits in Q3: Survey
Many American mortgage lenders expect stronger profits in the third quarter of this year, a new survey from Fannie Mae has found. Fannie Mae’s Q3 2020 Mortgage Lender Sentiment Survey, conducted between Aug. 4 and Aug. 16, polled 207 executives at 186 of its lending...This Week’s Paper: Digital Edition
