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How large and how soon will the GSEs

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navycmdr Member Level  Friday, 10/06/17 08:53:17 AM
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How large and how soon will the GSEs bottom line feel the impact ?

will the mkt anticipate and OVER REACT (as it usually does ? )

HUD - GSEs have authorized a 90 moratorium on Foreclosures
for Homes in areas eligible FEMA Disaster Relief also
mortgage services may temp suspend 90 days - mortgage payments

***************************************************************

Fannie Mae is suspending evictions and foreclosure sales for 90 days
for borrowers with properties that are eligible for FEMA assistance.

Additionally, mortgage servicers may temporarily suspend a homeowner’s mortgage payments for up to 90 days, under Fannie Mae’s disaster relief guidelines.

https://www.consumer-action.org/alerts/articles/disaster_assistance_for_victims_of_hurricane_harvey


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