No Lump Sum Required for Fannie Mae, Freddie Mac Mortgages in Forbearance
Federal Housing Finance Agency (FHFA) Director Mark Calabria announced on April 27 that borrowers in forbearance with a Fannie Mae or Freddie Mac-backed mortgage are not required to repay the missed payments in one lump sum.
“No lump sum is required at the end of a borrower’s forbearance plan for Enterprise-backed mortgages,” said Calabria. “While today’s statement only covers Fannie Mae and Freddie Mac mortgages, I encourage all mortgage lenders to adopt a similar approach.”
In a press release, FHFA said the announcement was made “to combat ongoing misinformation” about the forbearance plan home owners are entitled to under the CARES Act.
Latest from NAHBNow
Advocacy
Jan 12, 2026
NAHB’s Monthly Update Features 2026 Advocacy PrioritiesThe update provides the latest messaging framework to help members articulate the Federation's housing priorities.
Awards | IBS | National Sales and Marketing Council | 55+ Housing
Jan 09, 2026
Finalists Announced for the 2025 The Nationals AwardsNAHB announced the Silver Winners for The Nationals, powered by Chase. These awards celebrate the best in new-home sales and marketing and include 55+ housing, global innovation and NAHB Honors.
Latest Economic News
Economics
Jan 12, 2026
Household Real Estate Asset Values Fall in the Third QuarterThe market value of household real estate assets fell to $48.0 trillion in the third quarter of 2025, according to the most recent release of U.S. Federal Reserve Z.1 Financial Accounts. The third quarter value is 0.7% lower than the second quarter but is 1.5% higher than a year ago.
Economics
Jan 12, 2026
Growth for Custom Home BuildingNAHB’s analysis of Census Data from the Quarterly Starts and Completions by Purpose and Design survey indicates year-over year growth for custom home builders amid broader single-family home building weakness.
Economics
Jan 09, 2026
Townhouse Construction Share Gains ContinueAccording to NAHB analysis of the most recent Census data of Starts and Completions by Purpose and Design, during the third quarter of 2025, single-family attached starts totaled 46,000. Over the last four quarters, townhouse construction starts totaled a strong 179,000 homes, which is 1% higher than the prior four-quarter period (177,000). Townhouses made almost 20% all of single-family housing starts for the third quarter of the year.