Nonbank mortgage lenders, which have been facing mounting cash flow pressure as homeowners seek forbearance due to economic disruption, could soon get some relief from Fannie Mae and Freddie Mac. The Federal Housing Finance Agency, which oversees the mortgage-finance giants, may soon allow the agencies to buy home loans that recently entered forbearance, according to the Wall Street Journal. Sources told the Journal that an announcement could be made as early as this week. “We
source https://therealdeal.com/2020/04/21/fannie-freddie-consider-buying-home-loans-in-forbearance-amid-liquidity-crunch/
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