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Fannie Mae Lender Letter (LL-2021-07)

Description:

COVID-19 Payment Deferral.  This Lender Letter contains the policies previously published in LL-2020-07 on Nov. 18, 2020.  Effective Feb. 10, 2021, we are updating the eligibility criteria to:  permit the mortgage loan to be less than or equal to 15 months delinquent as of the date of evaluation, and eliminate the limit of one COVID-19 payment deferral and instead limit the COVID-19 payment deferral to a cumulative deferral of 15 months of past-due principal and interest (P&I) payments.

Document type:

  • Agency Bulletin/Form

Agency:

Fannie Mae

Download:

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