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Monday, April 6, 2020

Problems paying your mortage during COVID19?

If you own a home and are hit economically by Coronavirus, there are resources to help. Here is one of them:
Federal Housing Finance Agency (FHFA)
FHFA has instructed Fannie Mae, Freddie Mac and their servicers to be proactive in providing assistance to homeowners including forbearance. In addition, FHFA imposed a moratorium on eviction and foreclosures on mortgages backed by the GSEs:
https://www.fhfa.gov/Media/PublicAffairs/Pages/Statement-from-FHFA-Director-Mark-Calabria-on-Coronavirus.aspx

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