New FHFA Guidance Allows Borrowers In Forbearance To Access Record-Low Rates

FHFA HQ

The Federal Housing Finance Agency has announced that Fannie Mae and Freddie Mac borrowers in forbearance can apply for refinancing and new purchase mortgages once their loans are current.

Navi Persaud
 & 
June 12, 2020

The Federal Housing Finance Agency has announced that Fannie Mae and Freddie Mac borrowers in forbearance can apply for refinancing and new purchase mortgages once their loans are current. It waives a previous mandatory wait of 12 months. That move allows faster access to record-low rates.

Click here to read the full report.

This article originally appeared in the National Mortgage Professional print magazine.

Navi is the Director of Online Content for American Business Media in West Hartford, Conn.

Navi is the Director of Online Content for American Business Media in West Hartford, Conn.

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New FHFA Guidance Allows Borrowers In Forbearance To Access Record-Low Rates
News

New FHFA Guidance Allows Borrowers In Forbearance To Access Record-Low Rates

June 12, 2020
by
Navi Persaud

The Federal Housing Finance Agency has announced that Fannie Mae and Freddie Mac borrowers in forbearance can apply for refinancing and new purchase mortgages once their loans are current. It waives a previous mandatory wait of 12 months. That move allows faster access to record-low rates.

Click here to read the full report.

Written by 
Navi Persaud

Navi is the Director of Online Content for American Business Media in West Hartford, Conn.

npersaud@ambizmedia.com

These articles are powered by National Mortgage Professional

The Federal Housing Finance Agency has announced that Fannie Mae and Freddie Mac borrowers in forbearance can apply for refinancing and new purchase mortgages once their loans are current. It waives a previous mandatory wait of 12 months. That move allows faster access to record-low rates.

Click here to read the full report.

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