Legal Alert

Fannie Mae Updates COVID-19 Selling FAQs

by the Mortgage Banking Group
July 31, 2020
On July 29, 2020, Fannie Mae updated its COVID-19 Selling FAQs. Topics addressed in the revised FAQs include rental income documentation, appraisals, construction-to-permanent loans, and credit obligations of the borrower other than mortgage debt, including obligations that are in a COVID-19 forbearance or deferral.

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