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News Release

FHFA Further Extends Buying Loans in Forbearance & COVID-Related Loan Processing Flexibilities

FOR IMMEDIATE RELEASE
9/24/2020

Washington, D.C. – The Federal Housing Finance Agency (FHFA) announced today that Fannie Mae and Freddie Mac (the Enterprises) will extend buying qualified loans in forbearance and several loan origination flexibilities until October 31, 2020.  The changes are to ensure continued support for bor​rowers during the COVID-19 national emergency. The flexibilities were set to expire on September 30, 2020.

Extended flexibilities include:

Attachments:

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The Federal Housing Finance Agency regulates Fannie Mae, Freddie Mac and the 11 Federal Home Loan Banks. These government-sponsored enterprises provide more than $6.6 trillion in funding for the U.S. mortgage markets and financial institutions. Additional information is available at www.FHFA.gov, on Twitter, @FHFA, YouTube, Facebook, and LinkedIn.
Contacts:

Media: Raffi Williams Raffi.Williams@FHFA.gov / Adam Russell Adam.Russell@FHFA.gov

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