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Mortgage Regulator to Loosen Financial Restrictions for Home Loans in Forbearance
MarketWatch, May 20, 2020–Jacob Passy
Fannie Mae and Freddie Mac issued temporary guidance stipulating that borrowers will be eligible to refinance or buy a new home if they are in a forbearance agreement, but are also current on their mortgage, the Federal Housing Finance Agency said Tuesday.
https://www.marketwatch.com/story/mortgage-regulator-to-loosen-refinance-restrictions-for-home-loans-in-forbearance-2020-05-19