forbearance agreement

Freddie Mac Multifamily Extends COVID-19 Forbearance Agreement

Freddie Mac Multifamily extended the deadline for requesting a new COVID-19 forbearance agreement for its Multifamily loans to September 30, 2021. Previously set to end on June 30, the extension grants multifamily operators experiencing hardship due to the pandemic additional time to request a new forbearance agreement. The new agreement includes renter protections such as a hold on evictions for[...]

edward andrews homes

Fidelity Bank Featured on Atlanta Real Estate Forum Radio

Amy Buynoski, vice president, and mortgage banker with Fidelity Bank and Mickey Schilling, mortgage business development manager and vice president with Fidelity Bank, are guests on this week’s All About Real Estate episode of Atlanta Real Estate Forum Radio. During our interview, Amy and Mickey gave us a little background on Fidelity Bank, which is the largest community bank in[...]

Freddie Mac and Fannie Mae Announce 3% Down Mortgage Options

In an effort to make homeownership more affordable, mortgage giants Fannie Mae and Freddie Mac announced programs to purchase mortgages with down payments of as little as three percent. These programs went into effect on Saturday, and they are aimed at first-time home buyers in particular. "NAHB commends Fannie Mae and Freddie Mac for instituting new loan guidelines that will allow[...]

Academy Mortgage Aims to Dispel Housing Market Myths

Academy Mortgage, a lending company with multiple offices in the metro Atlanta area, believes that now is a great time for prospective home buyers to enter the real estate market. With the recent recession still in the back of everyone’s mind, it’s only natural that some fears still remain about entering the housing market. Because of these fears, there are many[...]

The Demise of Fannie and Freddie? Not Likely, Says Dan Forsman

Atlanta Real Estate Forum asked Dan Forsman, president, CEO and owner of Prudential Georgia Realty, to respond to this recent article from The New York Times explaining how home buying will change if Fannie Mae and Freddie Mac are shut down. How would home buying change if the federal government shuts down Fannie Mae and Freddie Mac? Fannie Mae and Freddie Mac[...]

Government Helps Housing Industry by 'Making Home Affordable'

Are you worried about purchasing a new home in Atlanta because you are afraid the monthly payments will be too expensive? Well stop worrying. In an effort to stabilize our economy, the government has created Making Home Affordable. Throughout the year Making Home Affordable will help up to 7 to 9 million Americans reduce their monthly mortgage payments to more affordable levels.[...]

NAHB Response to Government Action on Freddie Mac and Fannie Mae

Jerry Howard, executive vice president and CEO of the National Association of Home Builders (NAHB), today issued the following statement on the government's plan to place Fannie Mae and Freddie Mac into conservatorship: "While it is unfortunate that we have reached this point, we are hopeful that the government's action on Fannie Mae and Freddie Mac will help to increase liquidity[...]