March 31, 2020

FHFA: Loan Processing Flexibilities Authorized for Fannie Mae and Freddie Mac Customers

The Federal Housing Finance Agency (FHFA) today announced several loan processing flexibilities from Fannie Mae and Freddie Mac (The Enterprises) designed to help their customers.

The flexibilities announced by the Enterprises include:

“These loan processing flexibilities will expedite loan closings and help keep homebuyers, sellers, and appraisers safe during this national emergency,” said FHFA Director Mark Calabria. 

Link to Fannie Mae announcement

Link to Freddie Mac announcement​​

This post was originally published here.