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New Mortgage Payment Deferral Option

Mortgage Forbearance

Federal Housing Finance Agency (FHFA) announced on Wednesday, 5/13/2020, that homeowners with mortgage loans backed by Fannie Mae and Freddie Mac can make up their missed forbearance payments when they sell their home, refinance, or when their loan term is over. This means that you can breathe a little easier if you cannot make the missed mortgage payment within…

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