The Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac will extend several loan origination flexibilities until August 31, 2020 to ensure continued support for borrowers during the COVID-19 national emergency. The flexibilities were set to expire on July 31, 2020. Extended flexibilities include:
– Alternative appraisals on purchase and rate term refinance loans
– Alternative methods for documenting income and verifying employment before loan closing
– Expanding the use of power of attorney and remote online notarizations to assist with loan closings
Source: FHFA.gov
Hello
question. We had to file bankruptcy 2 yrs ago. We have paid every payment on time. is there a way for us to get a refinance to pay it off to get away from the bankruptcy. We had to file bankruptcy to save our home Is there anyway to get help
Thank You,
MaryJane Noonan
jkmjnoon@comcast.net