FHFA Offers Mortgage Forbearance to Protect Renters

Fannie Mae and Freddie Mac will offer mortgage forbearance to multifamily property owners in an attempt to keep renters in their homes and to support these property owners during the coronavirus national emergency, the Federal Housing Finance Agency announced on Monday.

FHFA Reinstates $3B Buffer To GSEs

The Federal Housing Finance Agency (FHFA) and the Department of the Treasury agreed last week to reinstate the $3 billion capital reserve each for both Fannie Mae and Freddie Mac.