WBK Industry News - Federal Regulatory Developments

Freddie Mac Extends Eligible Dates for Loans in COVID-19 Related Forbearance

Freddie Mac recently issued Bulletin 2020-41, announcing the extension of the effective dates for the agency’s temporary requirements allowing the sale of mortgages in COVID-19 forbearance.  The temporary requirements, first announced in April in Bulletin 2020-12, now apply to mortgages with Note Dates on or before November 30, 2020, and Settlement Dates on or before January 31, 2021. 

WBK’s previous coverage of these temporary requirements can be found here, here, and here.