![]() ![]() ![]() The loan forbearance could last for 90 days in some cases, and may be extended to a year in other cases. Fannie, Freddie and FHA have all pledged support with government mortgage relief for Hurricane victims. It is for this reason that Fannie Mae, Freddie Mac and the Federal Housing Administration (FHA), which back most mortgages in the US, have announced this week that they will offer loan forbearance for many home owners in flooded parts of Texas, including Houston and the surrounding suburbs. ![]()
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