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How bad is it if I stop paying my mortgage during the pandemic?

  • How bad is it if I stop paying my mortgage during the pandemic? How bad is it if I stop paying my mortgage during the pandemic? 2:10
11:12 a.m. April 3, 2021 - By Quentin Fottrell
My stepmother got nothing when my father died, per their prenup. She asked me to buy her a home. What should I do? ‘What would be some ways I could help her financially or otherwise without giving her a house?’‘What would be some ways I could help her financially or otherwise without giving her a house?’
5:49 a.m. Jan. 17, 2021 - By Jacob Passy
Fannie Mae, Freddie Mac can keep future earnings, per agreement between Treasury and regulators ‘Until the Enterprises can raise private capital, they are at risk of failing in the next housing crisis,’ Federal Housing Finance Agency Director Mark Calabria said‘Until the Enterprises can raise private capital, they are at risk of failing in the next housing crisis,’ Federal Housing Finance Agency Director Mark Calabria said, in announcing the agreement.
3:16 a.m. Nov. 9, 2020 - By Jacob Passy
What a Biden administration will mean for housing-finance reform The Trump administration has pursued the recapitalization of Fannie Mae and Freddie Mac, but a Biden administration will likely have different goalsThe Trump administration has pursued the recapitalization of Fannie Mae and Freddie Mac, but a Biden administration will likely have different goals.
2:33 a.m. Sept. 8, 2020 - By Jacob Passy
Renters in U.S. cannot be evicted through the end of the year due to coronavirus, CDC order states Unpublished order provides declaration for renters to sign stating they are unable to pay rent, have sought government assistanceTo be eligible for protection, renters will need to provide proof of their inability to pay rent because of the pandemic.
5:13 a.m. Aug. 26, 2020 - By Jacob Passy
Fannie Mae, Freddie Mac will delay controversial refinance fee The ‘adverse market’ fee is being implemented to cover $6 billion in projected losses caused by COVID-19The ‘adverse market’ fee is being implemented to cover $6 billion in projected losses caused by COVID-19.
8:23 a.m. Aug. 8, 2020 - By Jacob Passy
The number of Americans skipping mortgage payments is falling — except among these borrowers Forbearance plans allow mortgage borrowers to make reduced payments or skip monthly paymentsForbearance plans allow mortgage borrowers to make reduced payments or skip monthly payments.
7:10 a.m. June 11, 2020 - By Jacob Passy
The Trump administration is preventing DACA recipients from getting federally-backed mortgages, Democratic lawmakers say A group of Democratic lawmakers has called for an investigation into policy changes that have allegedly resulted in DACA recipients being denied FHA loansA group of Democratic lawmakers has called for an investigation into policy changes that have allegedly resulted in DACA recipients being denied FHA loans.
6:13 a.m. May 5, 2020 - By rbisdale
How bad is it if I stop paying my mortgage during the pandemic?As the coronavirus pandemic continues to affect jobs and income, people are forced to cut their expenses. Here's what you need to know if you're considering pausing your mortgage payments during the crisis.
4:06 a.m. April 27, 2020 - By Jacob Passy
3 million Americans are skipping mortgage payments, but Fannie Mae and Freddie Mac will cut mortgage servicers a break Fannie Mae and Freddie Mac will be allowed to purchase home loans in forbearanceFannie Mae and Freddie Mac will be allowed to purchase home loans in forbearance.
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