Servicers can grant disaster relief forbearance without approval from Fannie Mae and without hearing from the borrower

Categorized | STOP FORECLOSURE FRAUD

Servicers can grant disaster relief forbearance without approval from Fannie Mae and without hearing from the borrower

Servicers can grant disaster relief forbearance without approval from Fannie Mae and without hearing from the borrower

Fannie Mae-

Fannie Mae (FNMA/OTC) is reminding servicers of options that are available to homeowners affected by natural disasters in the wake of Hurricane Sandy.  Under Fannie Mae’s existing guidelines, servicers have the ability to grant forbearance to any borrower they believe has been affected by a natural disaster.  Within ninety days, servicers are expected to establish contact with homeowners who have been affected and determine if additional assistance is necessary.

“We understand the disruption that a storm such as Sandy can have on people’s lives, and we’ve made it easy for our servicers to offer relief to those who need it,” said Leslie Peeler, senior vice president, National Servicing Organization, Fannie Mae.  “Servicers are on the front lines with homeowners and we are grateful for their efforts to help borrowers.  Our thoughts and prayers are with all of those who have been affected by the storm.”

[FANNIE MAE]

© 2010-17 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



Comments

comments

This post was written by:

- who has written 8684 posts on FORECLOSURE FRAUD | by DinSFLA.

CONTROL FRAUD | ‘If you don’t look; you don’t find, Wherever you look; you will find’ -William Black

Contact the author

One Response to “Servicers can grant disaster relief forbearance without approval from Fannie Mae and without hearing from the borrower”

  1. JIMI says:

    SERVICERS ARE TOO BUSY STEALING HOMES AND WONT LISTEN TO NO ONE
    TAKE ALOOK AT BANK OF AMERICA AND ONE WEST BANK AND YOU WILL SEE
    THE TRUE PICTORE

Trackbacks/Pingbacks


Leave a Reply

GARY DUBIN LAW OFFICES FORECLOSURE DEFENSE HAWAII and CALIFORNIA
Advertise your business on StopForeclosureFraud.com

Archives