The move by Fannie Mae and Freddie Mac came days after President Trump announced that delayed mortgage payments may be an option for borrowers amidst the coronavirus pandemic.
Source: Inman News
Homeowners may delay mortgage payments up to 1 year due to virus
Published in Ally Bank, bank of america, columbia university, Coronavirus, emergency relief on mortgage payments, fannie mae, forbearance, freddie mac, Markets & Economy, Mortgage, mortgage borrowers, mortgage payments, News Brief, President Trump and Select
More from Ally BankMore posts in Ally Bank »
- Ally Financial’s exit from mortgage will impact Better, HouseCanary
- Ally Financial partners with HouseCanary to grow mortgage
- Better partners with Infosys to power mortgages for other lenders
- Nearly half of Better’s mortgage business now comes from partners
- Ally now offers mortgages powered by Better in 46 states
More from bank of americaMore posts in bank of america »
- Homebuyers like ‘high-touch’ loan advisors equipped with tech tools
- 4 key factors leading to increased real estate market anxiety
- Evergreen Home Loans hiring to serve 29 additional states
- Rocket to inherit Mr. Cooper’s customer satisfaction woes
- Government regulator lets BofA mortgage off the hook 3 years early
More from CoronavirusMore posts in Coronavirus »
- The internet fell hard for real estate in 2021. But can the love affair last?
- Los Angeles apartment owners sue over COVID rent freeze
- Demand for urban homes will be ‘muted’ for years: McKinsey
- Chris Heller: Brokerages and teams are playing chicken. Who will win?
- Will migration fizzle out in 2023? History points to existential shift
More from fannie maeMore posts in fannie mae »
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- FICO scores, magic phrases, earnings digs: Inman Top 5
- Homebuilders’ rate buydowns are leaving buyers underwater: WSJ
- Stop freaking out about 50-year mortgages. They might save the housing market
- Mortgage giants ‘very close’ to accepting new FICO score
More from forbearanceMore posts in forbearance »
- Mortgage assistance for Hawaii fire victims includes forbearance help
- Loan servicers’ pandemic-relief efforts ‘a major success story’
- Carrington grudgingly signs off on $5.25M COVID-19 relief settlement
- Mr. Cooper lays off originators while mortgage servicing business booms
- Home price growth ‘reaccelerates’ to set new February record
More from freddie macMore posts in freddie mac »
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- FICO scores, magic phrases, earnings digs: Inman Top 5
- Homebuilders’ rate buydowns are leaving buyers underwater: WSJ
- Mortgage giants ‘very close’ to accepting new FICO score
- Trump’s 50-year mortgage is ‘a big nothingburger’ for homebuyers
More from Markets & EconomyMore posts in Markets & Economy »
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- How to help senior real estate clients right-size with confidence
- Welcome to the Senior Class: Downsizing with a home equity conversion mortgage
- Why independent brokerages matter more than ever amid real estate consolidation
- What is a 50-year mortgage? The pros and cons of Trump’s proposal
More from MortgageMore posts in Mortgage »
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- FICO scores, magic phrases, earnings digs: Inman Top 5
- Homebuilders’ rate buydowns are leaving buyers underwater: WSJ
- Stop freaking out about 50-year mortgages. They might save the housing market
- Homebuying off to strongest November start since 2022
More from mortgage borrowersMore posts in mortgage borrowers »
More from mortgage paymentsMore posts in mortgage payments »
- Northeast sees strongest price gains in Q3 as median single-family home price hits $426,800
- Home prices kept rising in Q1 but fewer cities saw double-digit gains
- US home prices rose in 90% of metro areas in Q3, NAR says
- Americans’ average mortgage payment falls $164 in November
- In 5 months, homebuyers have lost $30K in purchasing power
More from News BriefMore posts in News Brief »
- NAR scores a victory in buyer commission lawsuit
- Redfin site fluke exposed past users’ data on listing contact forms
- Brown Harris Stevens names Halstead heir as its chief strategy officer (EXCLUSIVE)
- Zillow hit with new class-action suit over alleged broker kickbacks
- Real partners with MAXA Designs on agent marketing platform
More from President TrumpMore posts in President Trump »
- Fed governor sues Trump over ‘unprecedented and illegal’ firing
- Small lenders oppose combining Fannie, Freddie into single entity
- Trump tells Federal Reserve governor Lisa Cook to ‘resign now’
- Luxury market ‘as strong as ever’ despite broader slowness
- May CPI misses projections even as tariff effects hold off
More from SelectMore posts in Select »
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- RateMyAgent and Curated Social merge to form Renowned platform
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- NAR scores a victory in buyer commission lawsuit
- Where else is Zillow not enforcing its private listing ban?
Be First to Comment