WASHINGTON—The Federal Housing Finance Agency (FHFA) has announced an extension of its temporary policy allowing the government-sponsored enterprises (GSEs) to purchase certain single-family mortgage loans in forbearance.
The policy, originally set to expire Monday, has been extended for loans originated through Sept. 30, 2020.
The FHFA announced the temporary policy in April, which aimed to provide liquidity in mortgage markets and allow originators to keep lending. The latest announcement marks the second extension made to the temporary policy.