News & Updates


News Release: FHFA Announces that Enterprises will Purchase Qualified Loans in Forbearance to Keep Lending Flowing

22 Apr 2020 10:30 AM | Edith Tella (Administrator)

​Washington, D.C. – To support homeowners and mortgage lenders, the Federal Housing Finance Agency (FHFA) is approving the purchase of certain single-family mortgages in forbearance that meet specific eligibility criteria by Fannie Mae and Freddie Mac (the Enterprises).

“We are focused on keeping the mortgage market working for current and future homeowners during these challenging times," said Director Mark Calabria. “Purchases of these previously ineligible loans will help provide liquidity to mortgage markets and allow originators to keep lending."

Click Here to Access Full News Release


New York Association of Mortgage Brokers
501 East Boston Post Rd., Suite 6 | Mamaroneck, New York 10543
P (914) 315-6644 | F (888) 900-1602 | etella@teammgmtsvs.com 
© COPYRIGHT 2018. ALL RIGHTS RESERVED.


NMLS Provider # 1400060