Archives For: policy
Freddie Mac announced the upcoming expiration of the COVID-19 foreclosure moratorium, temporary changes to Freddie Mac Flex Modification® for Borrowers with a COVID-19 hardship and updates to PAID.
30 Jun 2021
Freddie Mac announced an extended effective date (July 31, 2021) for the COVID-19 foreclosure moratorium.
24 Jun 2021
Freddie Mac announced updates to servicing of community land trust mortgages, eMortgage legal referral requirements, adjustments to the modification loss amount calculation and more.
14 Apr 2021
Freddie Mac announced an extension of the COVID-19 foreclosure moratorium, expansion of the COVID‑19 forbearance plans, expansion of the COVID-19 payment deferral and clarification regarding Freddie Mac Flex Modification® eligibility for borrowers with a COVID-19 hardship.
25 Feb 2021
The U.S. Department of Housing and Urban Development (HUD) announced that it has extended the time frame for homeowners to request the start of a COVID-19 forbearance from their mortgage servicer through June 30. This extension provides homeowners with additional time to request a forbearance from their mortgage servicer.
16 Feb 2021
Freddie Mac announced updates to Exhibit 40, escrow account requirements, requirement flexibilities for Community Land Trust Mortgages, updates to depository accounts risk threshold and more.
10 Feb 2021
Freddie Mac announced an extension of the COVID-19 foreclosure moratorium and temporary updates to forbearance plans for borrowers with a COVID-19 hardship and to the COVID-19 Payment Deferral.
10 Feb 2021
The U.S. Department of Housing and Urban Development (HUD) announced several temporary provisions issued through policy waivers to help mitigate the impacts of the COVID-19 pandemic on borrowers with FHA-insured mortgages and mortgagees.
3 Feb 2021
Freddie Mac extended its nationwide suspension of all foreclosure actions, including foreclosure sales, through February 28, 2021.
20 Jan 2021
Freddie Mac issued a release reminding mortgage servicers of its disaster relief policies for homeowners as Hurricane Delta approaches.
8 Oct 2020