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Post# of 749756
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UpTickMeA$AP

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UpTickMeA$AP

Re: None

Saturday, 05/02/2020 12:36:26 AM

Saturday, May 02, 2020 12:36:26 AM

Post# of 749756
Good news.

That’s because neither the GSEs nor the FHFA said who would pay the remaining principal and interest payments that those servicers are required to send to investors, but it’s not a mystery anymore.

As it turns out, the GSEs themselves are preparing to cover any remaining advances for as long as those loans remain in forbearance.

The GSEs separately revealed this week that they are planning to make payments directly to investors for loans that stay in forbearance longer than four months.

https://www.housingwire.com/articles/fannie-mae-freddie-mac-are-preparing-to-cover-servicers-advances-on-loans-in-forbearance/

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People kill for money. What makes you think they will not lie to you for yours?

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