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Fannie Mae Extends Protections for Renters Affected by COVID-19

Share this article Share this article WASHINGTON, June 3, 2021 /PRNewswire/  To continue to support renters in multifamily units and Fannie Mae-financed multifamily property owners experiencing financial difficulties as COVID-19 persists, Fannie Mae (OTCQB: FNMA) today announced the extension of its multifamily COVID-19 forbearance program through September 30, 2021. The program, which requires landlords to suspend all evictions for renters unable to pay rent during the forbearance period, was formerly set to expire on June 30, 2021. For any Fannie Mae-financed multifamily properties with a new or modified forbearance plan as the result of a financial hardship due to COVID-19, the property owner must inform tenants in writing about tenant protections available during the property owner s forbearance and repayment periods. In addition, the borrower is required to provide tenant protections, which include:

Fannie Mae Extends Protections for Renters Impacted by COVID-19

Share this article Share this article WASHINGTON, Dec. 23, 2020 /PRNewswire/  To continue to assist renters in multifamily units and support Fannie Mae-financed multifamily property owners experiencing difficulties during this period of financial uncertainty, Fannie Mae (OTCQB: FNMA) today announced the extension of its multifamily COVID-19 forbearance program through March 31, 2021. The program, which requires landlords to suspend all evictions for renters unable to pay rent during the forbearance period, was formerly set to expire on December 31, 2020. For any Fannie Mae-financed multifamily properties with a new or modified forbearance plan as the result of a financial hardship due to the COVID-19 national emergency, the property owner must inform tenants in writing about tenant protections available during the property owner s forbearance and repayment periods. In addition, the borrower is required to provide tenant protections, which include:

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