Mar 31, 2020
Real Estate - Country Torn on whether RE is an Essential Service
Many lenders suspending lending activity & others are altering programs - namely, FHA Lending is shrinking
CARE Bill - Mortgage forbearance and foreclosure protections
During this designated disaster period — which began on March 13 — a borrower with a federally backed loan can request forbearance through the loan servicer. A federally-backed loan means that it’s either guaranteed or insured by the Federal Housing Administration, Department of Veterans, Department of Agriculture or purchased or securitized by Fannie Mae or Freddie Mac.
CARE Bill - Paycheck Protection Program