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Financial Services Law Insights and Observations

Fannie launches Covid-19 resource online portal

Federal Issues Covid-19 Fannie Mae Forbearance Loss Mitigation Mortgage Origination Mortgage Servicing

Federal Issues

On May 26, Fannie Mae announced a new online resource for homeowners and renters titled, “Here to Help,” which compiles tools and resources to assist consumers with financial hardships due to the Covid-19 pandemic. The online portal features videos, fact sheets, and mortgage loan look-up tools for consumers and also provides lenders and servicers with tools to better assist their customers, including explanations of loss mitigation offerings and training videos for loan servicers.