FHFA extends forbearance period to 18 months
Borrowers with mortgages backed by Fannie Mae and Freddie Mac may be eligible for an additional forbearance extension of up to six months, the Federal Housing Finance Agency announced Thursday. On…
Category: Freddie Mac forbearance
Forbearances fall for third week in a row, to 5.22%
The total number of mortgages in forbearance declined seven basis points to 5.22% in the week ending Feb. 14, according to the latest estimate from the Mortgage Bankers…
FHFA extends forbearance policies for up to 15 months
Borrowers with mortgages backed by Fannie Mae and Freddie Mac may be eligible for an additional forbearance extension of up to three months, the Federal Housing Finance Agency announced Tuesday.…
Forbearance rate slowly descends to 5.35%
The U.S forbearance rate is falling, though not as quickly as it once was. Data released on Monday by the Mortgage Bankers Association showed that…