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Fannie Mae and Freddie Mac Agree to Buy Mortgages in Forbearance

While the CARES Act has allowed millions of homeowners nationwide to put their mortgage payments on hold, doing so has left lots of questions for mortgage lenders. One being how they’d continue to pay investors while the loans they service were in forbearance. The FHFA clarified that piece yesterday by agreeing to only hold servicers [&hellip
Source: Mortgage