FHFA extends relaxed rules on employment verification and home appraisals

The relaxation of lending and appraisal standards for loans backed by Fannie Mae and Freddie Mac has been extended for another month, the Federal Housing Finance Agency announced last week. The FHFA put its eased standards in place due to the COVID-19 pandemic to help lenders and appraisers keep loans on track amid social distancing […]

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