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FHFA Extends Halt in Payments on $10 Billion in Loans to Avoid Rental Industry Disruption

Three-Month Protections Apply to Fannie Mae, Freddie Mac Mortgages With Forbearance Agreements
The Federal Housing Finance Agency extended relief to multifamily borrowers hurt by the coronavirus pandemic. (Getty Images)
The Federal Housing Finance Agency extended relief to multifamily borrowers hurt by the coronavirus pandemic. (Getty Images)

The federal government is stepping in to give the owners of apartment buildings more time to forgo payments as an increasing number of multifamily analysts say that tenants may have more trouble paying their rents in coming months, a step that would start disrupting the U.S. rental industry during the pandemic.

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