Fannie Mae, Freddie Mac instruct servicers to offer 12-month moratoriums on mortgage payments if borrowers suffer hardship

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Fannie Mae, Freddie Mac instruct servicers to offer 12-month moratoriums on mortgage payments if borrowers suffer hardship
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Some homeowners and renters will get a break from the coronavirus financial fallout

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Bank Of America Offers Homeowners Relief: Its Mortgage Holders Can Now Pause PaymentsBank Of America Offers Homeowners Relief: Its Mortgage Holders Can Now Pause PaymentsHomeowners who are struggling financially due to the coronavirus pandemic may now see some relief—at least if they have a Bank of America mortgage.
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