Freddie Mac Multifamily has again extended its COVID-19 forbearance program deadline, allowing borrowers to request a new forbearance agreement until September 30. The extension adds three months to ...
Forbes contributors publish independent expert analyses and insights. I write about consumer finance with micro and macro perspectives. I have heard disturbing reports that some mortgage borrowers who ...
The Federal Housing Finance Agency, which regulates Fannie Mae and Freddie Mac, has extended its COVID-19 mortgage forbearance program for multifamily property owners. The program had been slated to ...
In recent months, Americans who have struggled to pay their bills amid a wave of job losses from the coronavirus pandemic have sought mortgage forbearance options. In fact, according to the Mortgage ...
The nation’s consumer watchdog agency says more borrowers are behind on their mortgages than at any time since the Great Recession. And the situation is even worse for Black and Hispanic borrowers, ...
Mortgage forbearance offered much-needed relief to millions of homeowners during the coronavirus pandemic, but now many borrowers are leaving the programs. The CARES Act established forbearance ...
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Sister Barbara Busch doesn't mince words when assessing the outlook for many local residents in the federal mortgage forbearance program set to expire at the end of this year. "Many people are going ...
Automotive loans in forbearance stayed relatively steady in June compared with record-setting growth in April and May, credit bureau TransUnion said last week. Flattening forbearance figures could be ...
Freddie Mac has updated its Multifamily COVID-19 forbearance program to enhance protections for borrowers and renters, as widespread job losses due to the public health emergency threaten many ...
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