GSEs are preparing to cover servicers’ advances on loans in forbearance.
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Fannie Mae, Freddie Mac are preparing to cover
servicers’ advances on loans in forbearance When
the FHFA announced last month that servicers who collect payments on
mortgages backed by Fannie Mae and Freddie Mac will only be required to cover
four months of missed payments on loans in forbearance, the big question was
what happens when that four-month period is over. But it’s not a mystery
anymore. Click the headline to read the full story. |
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