Category: SARS-CoV-2

Fannie Mae and Freddie Mac Define COVID-19 Forbearance Repayment Options 

We previously talked about Forbearance as an option for anyone negatively impacted because of COVID-19. Forbearance is one of the most common options for those who cannot make their mortgage payments on time. Typically, once a loan is out of the agreed timeframe of forbearance, the borrower is expected to pay a “balloon payment,” or …

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