Homeowners with federal loans won’t have to pay lump sum after pausing payments

Homeowners with federal loans won’t have to pay lump sum after pausing payments

The director of the Federal Home Finance Agency, which oversees Fannie Mae and Freddie Mac, on Monday confirmed that any of its 28 million home loan customers allowed to skip mortgage payments because of financial distress won’t be required to repay them in a lump sum after the crisis ends.

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