Mortgage giants Fannie Mae and Freddie Mac unveiled a payment deferral option for homeowners struggling to make their mortgage payments, regardless of whether the reason is related to COVID-19. Homeowners could be eligible to defer two months of their mortgage payments until the end of their mortgage, depending on their circumstance. The payment deferral program is available to borrowers who have faced a short-term hardship that has caused them to miss one or two months of mortgage payments.
Full Article here: Homeowners Facing Hardship Get Mortgage Payment Leeway
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