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Article: Fannie Mae Offers Mortgage Relief to Families Affected by Tuesday's Terrorist Attacks.
- Article from:
- Business Wire
- Article date:
- September 13, 2001
CopyrightCOPYRIGHT 2001 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
WASHINGTON--(BUSINESS WIRE)--Sept. 13, 2001
Fannie Mae (NYSE:FNM), the nation's largest source of financing for home mortgages, today announced that its lenders should apply the disaster relief provisions outlined in its Servicing Guide to borrowers affected by Tuesday's terrorist attacks on various sites within the United States.
These disaster relief provisions normally are available for use by mortgage servicers in cases of natural disasters. But due to the extraordinary nature of this week's terrorist attacks, and the ensuing disruption to families and normal business activities, Fannie Mae is extending the relief ...