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  2. Foreclosure and eviction moratorium is extended through the ...

    www.aol.com/news/foreclosure-and-eviction...

    Fannie Mae and Freddie Mac, the two government agencies that back millions of mortgages for Americans will extend moratoriums and evictions on single-family foreclosures until December 31st 2020.

  3. Coronavirus: How the law can protect you if you can't pay ...

    www.aol.com/article/finance/2020/04/09/corona...

    Single family homeowners with property financed through Fannie Mae or Freddie Mac get similar relief. Foreclosures and evictions on such properties are suspended at least until May 17, and ...

  4. Fannie Mae vs. Freddie Mac: What’s the difference? - AOL

    www.aol.com/finance/fannie-mae-vs-freddie-mac...

    During the COVID-19 pandemic, Fannie Mae and Freddie Mac offered mortgage relief and protections to homeowners, including forbearance, loan modification programs and a moratorium on foreclosures ...

  5. Loan modification in the United States - Wikipedia

    en.wikipedia.org/wiki/Loan_modification_in_the...

    In the task at hand to make headway against foreclosures and the depressed housing market. Fannie Mae and Freddie Mac entered a new phase on December 9, 2008 for a fast-track program meant to make "hundreds of thousands of mortgages affordable to people who can't currently meet their monthly payments." [16]

  6. Housing and Economic Recovery Act of 2008 - Wikipedia

    en.wikipedia.org/wiki/Housing_and_Economic...

    The United States Housing and Economic Recovery Act of 2008 (commonly referred to as HERA) was designed primarily to address the subprime mortgage crisis.It authorized the Federal Housing Administration to guarantee up to $300 billion in new 30-year fixed rate mortgages for subprime borrowers if lenders wrote down principal loan balances to 90 percent of current appraisal value.

  7. Mortgage Foreclosure Freeze Ends Soon — Here Are the ... - AOL

    www.aol.com/finance/mortgage-foreclosure-freeze...

    An important COVID-era protection against foreclosures is about to end, and some banks will not extend the benefit. Currently, Americans are protected from losing their homes through a foreclosure...

  8. Government policies and the subprime mortgage crisis

    en.wikipedia.org/wiki/Government_policies_and...

    Federal Reserve data found more than 84% of the subprime mortgages in 2006 coming from private-label institutions rather than Fannie and Freddie, and the share of subprime loans insured by Fannie Mae and Freddie Mac decreasing as the bubble got bigger (from a high of insuring 48% to insuring 24% of all subprime loans in 2006). [81]

  9. The Risks of the Mortgage Mess: The Banks' View - AOL

    www.aol.com/news/2011-03-02-the-risks-of-the...

    The bank says it has nearly $1 billion in reserve to buy back Fannie Mae and Freddie Mac mortgage-backed securities, and it thinks the liability for "private-label" securities is smaller.