Fannie mae and you can Freddie Mac Stretch COVID-19 Origination Information
To your -09 and you may Freddie Mac into the Bulletin 2020-21 announced the new servicer added bonus due to their in the past established COVID-19 payment deferral, and you may short-term updates for other servicer bonuses. Freddie Mac computer offers tips about House Affordable Amendment System (HAMP) an effective reputation having a beneficial COVID-19 influenced borrower, and you can later notices/commission note characters.
The newest incentive construction is very effective , with more facts specified regarding guidance. Towards the COVID-19 fee deferral and you may basic payment deferral, the fresh new servicer added bonus was $five-hundred. Read More