The COVID-19 pandemic has brought economic uncertainty throughout the US. Although we’re a few months in to the ‘social distancing’ measures taken by state governments and moving in and out of phases of re-opening, …
Fannie Mae Announces Flexibilities for Refinance and Home Purchase Eligibility for Homeowners Impacted by COVID-19Updated Guidance Also Extends Expiration Date of Criteria for Purchasing Loans in Forbearance WASHINGTON, DC – May 19, 2020 – Fannie Mae (FNMA/OTCQB) today announced flexibilities for homeowners who have taken a forbearance due to a COVID-19 financial hardship to refinance their mortgage …
Statement on Fannie Mae’s New LIBOR Transition Resources “Fannie Mae’s LIBOR Transition webpage is a resource for lenders and investors to access key updates and information during this historic shift in the markets. Today’s announcement marks an important milestone in the transition from LIBOR to an alternative reference rate. We remain committed to ensuring a …
