Released: February 10, 2021

FHFA extends mortgage forbearance for up to 15 months

Source: Alex Roha - HousingWire

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. FHFA forbearance plans initially had a 12 month expiration date, however, the government entity is now allowing borrowers up to 15 months of coverage.

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