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Home » Store » Taxable » Fannie and Freddie Extend Forbearance Relief to Military Called to Active Duty

Fannie and Freddie Extend Forbearance Relief to Military Called to Active Duty

$50.00
Taxable

Product Details

Looking to do their part for military personnel involved with the U.S. war in Iraq, Fannie Mae and Freddie Mac have announced special procedures for helping borrowers who can’t make their mortgage payments. Under Fannie’s new guidelines, lenders are asked to accept active duty orders for military personnel as the only-needed proof of hardship. The GSE also mandated that special forbearance will have no impact on a borrower’s credit ratings, as it has asked
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