Federal Housing Finance Agency (FHFA) Director Mark Calabria has responded to what he called “ongoing misinformation” about borrowers in forbearance with a Fannie Mae or Freddie Mac-backed mortgage.
Although Calabria’s statement only covers Fannie Mae and Freddie Mac mortgages, he urged all mortgage lenders to adopt a similar approach.
Read on for more from FHFA, which partnered with the Consumer Financial Protection Bureau (CFPB) on the Borrower Protection Program.
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