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GSE multifamily forbearance program extended
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Financial Stability
Wednesday, June 9, 2021
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Freddie Mac and Fannie Mae announced they have extended COVID-19 forbearance to qualifying multifamily property owners. It was set to expire June 30, 2021.
Should borrowers apply for a new forbearance or modification, there are requirements to notify tenants of certain protections, such as the moratorium on evictions for the nonpayment of rent.
Read on for more details.
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