{"id":19463,"date":"2021-09-29T13:08:17","date_gmt":"2021-09-29T13:08:17","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=19463"},"modified":"2021-09-29T13:08:17","modified_gmt":"2021-09-29T13:08:17","slug":"fhfa-extends-covid-19-forbearance-for-multifamily","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/fhfa-extends-covid-19-forbearance-for-multifamily\/","title":{"rendered":"FHFA Extends COVID-19 Forbearance for Multifamily"},"content":{"rendered":"

FHFA Extends COVID-19 Forbearance for Multifamily<\/h1>\n
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The Federal Housing Finance Agency announced that mortgage financing giants Fannie Mae and Freddie Mac will continue to offer forbearance indefinitely to qualifying multifamily property owners as part of their ongoing COVID-19 protection.<\/p>\n

This marks the fourth extension the FHFA has made to the programs. The latest were set to expire Sept. 30.<\/p>\n

\u201cGiven the uncertain nature of this pandemic, the FHFA is taking further action to protect renters, property owners, and the mortgage market,\u201d says Sandra L. Thompson, acting director of the FHFA.<\/p>\n

Property owners with Fannie Mae\u2013 or Freddie Mac\u2013backed multifamily mortgages can enter a new or modified forbearance if they experience a financial hardship due to the pandemic\u2019s impact on their business operations. Property owners must inform tenants in writing about tenant protections available during the forbearance and repayment periods. They also must agree not to evict tenants for nonpayment of rent while the property is in forbearance.<\/p>\n

Additional tenant protections are in place when the repayment period starts.<\/p>\n

For more information, visit consumerfinance.gov\/housing<\/a>\u00a0on relief options.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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Source:<\/div>\n
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FHFA.gov<\/a><\/div>\n
\u00a9National Association of REALTORS\u00ae
\nReprinted with permission<\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

FHFA Extends COVID-19 Forbearance for Multifamily The Federal Housing Finance Agency announced that mortgage financing giants Fannie Mae and Freddie Mac will continue to offer forbearance indefinitely to qualifying multifamily property owners as part of their ongoing COVID-19 protection. This marks the fourth extension the FHFA has made to the programs. The latest were set … <\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-19463","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"\nFHFA Extends COVID-19 Forbearance for Multifamily - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/www.anthonydidonato.net\/wordpress\/fhfa-extends-covid-19-forbearance-for-multifamily\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/fhfa-extends-covid-19-forbearance-for-multifamily\\\/#article\",\"isPartOf\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/fhfa-extends-covid-19-forbearance-for-multifamily\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"FHFA Extends COVID-19 Forbearance for Multifamily\",\"datePublished\":\"2021-09-29T13:08:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/fhfa-extends-covid-19-forbearance-for-multifamily\\\/\"},\"wordCount\":195,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/fhfa-extends-covid-19-forbearance-for-multifamily\\\/\",\"url\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/fhfa-extends-covid-19-forbearance-for-multifamily\\\/\",\"name\":\"FHFA Extends COVID-19 Forbearance for Multifamily - 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