Homeowners who are adversely impacted by the COVID-19 national emergency may request mortgage assistance by contacting their mortgage servicer.Under Fannie Mae’s guidelines for single-family mortgages: We encourage you to reach out to your servicer as soon as possible to get help,” said Evans. “For homeowners who may be struggling with their mortgage or facing possible foreclosure, assistance options are available and can provide much-needed relief. “With this latest extension of the foreclosure and eviction moratorium, we can continue to help ensure distressed borrowers are able to remain in their homes during this national emergency.” “Fannie Mae, along with our lending and servicing partners, remains committed to supporting households who are experiencing job loss, a reduction in work hours or income, or other issues due to COVID-19,” said Malloy Evans, Senior Vice President and Single-Family Chief Credit Officer, Fannie Mae. The suspension of evictions applies only to homes owned by Fannie Mae and does not apply to tenants in homes that have not been foreclosed. The moratorium, which was previously set to expire on August 31, 2020, is effective immediately and applies to properties with single-family mortgages backed by Fannie Mae. WASHINGTON, DC – To support households impacted by COVID-19, Fannie Mae (FNMA/OTCQB) today announced an extension of the temporary moratorium on foreclosures and evictions until December 31, 2020. Mortgage Assistance and Relief Options Also Available for Households Impacted by COVID-19
Fannie Mae: Suspension of Foreclosures and Evictions on Single-Family Mortgages Through Year-End
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