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Fannie, Freddie See Jump in Halted Payments on Senior Housing Loans

Government-Run Mortgage Companies Report Another $3 Billion in Multifamily Forbearances
Fannie Mae added more than 40 loans to its total in June. (Wikimedia Commons)
Fannie Mae added more than 40 loans to its total in June. (Wikimedia Commons)

Fannie Mae and Freddie Mac have reported reduced or suspended payments on another $3 billion in loans, a sign of intensifying distress in the U.S. multifamily industry related to the coronavirus pandemic.

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