These COVID-19 allowances, previously set to expire April, will now extend to May 31. The FHFA indicated in its announcement that it does not expect to continue extending loan flexibilities further in coming months.
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The Evolving Landscape of Mortgage Lending: Navigating New Challenges and Opportunities Explore recent trends in mortgage lending, including the rise of digital platforms, green mortgages, and the impact of regulatory changes.
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FHFA Extends COVID-19 Loan Flexibilities for Fannie, Freddie
The Federal Housing Finance Agency has announced that Fannie Mae and Freddie Mac will let some temporary loan origination flexibilities last a little longer. So reports DS News.
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