Mortgage servicer

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Fannie Mae, Freddie Mac are preparing to cover servicers’ advances on loans in forbearance

May 01, 2020By

When the FHFA announced last month that servicers who collect payments on mortgages backed by Fannie Mae and Freddie Mac will only be required to cover four months of missed payments on loans in forbearance, the big question was what happens when that four-month period is over. But it’s not a mystery anymore.

3d rendering of a row of luxury townhouses along a street

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