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

May 19, 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
New FHFA Guidance Allows Borrowers In Forbearance To Access Record-Low Rates
May 19, 2020 12:12 PM
by
Navi Persaud
News

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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