All News & Events

rss

News & Events

News & Event

Novogradac: Fannie, Freddie Offer Multifamily Mortgage Forbearance, but Forbid Evictions

WASHINGTON–March 23, 2020–The Federal Housing Finance Agency (FHFA) today announced that Fannie Mae and Freddie Mac will offer mortgage forbearance to multifamily property owners affected by the COVID-19 pandemic with the condition that they suspend evictions for renters who can’t pay rent due to the pandemic. The forbearance is available to all multifamily properties with a Fannie- or Freddie-backed mortgage and the eviction suspensions are in place for the duration of the time a property owner remains in forbearance.

Find more breaking news from Novogradac at www.novoco.com/news.

Courtesy of Novogradac 



Comments are closed.

Stay in the loop by subscribing to our newsletter!

Newsletter Sign Up

Contact Us

401.276.4806
Email Us
Newsletter Sign Up

Visit

One Empire Plaza
Providence, RI 02903
Directions

RI Alliance for Healthy Homes

A project of
HousingWorks RI