David Deem 714-997-3486 Dave@DeemTeam.com To assist renters in multifamily units and support Fannie Mae-financed multifamily property owners experiencing difficulties during this period of financial uncertainty, Fannie Mae announced updated renter protections and forbearance extensions for borrowers.   Fannie Mae's Delegated Underwriting and Servicing (DUS®) lenders have been delegated the decision to extend existing forbearances for multifamily property owners by three months, for a total forbearance of up to six months. If extended, once the forbearance period concludes the borrower may qualify for up to 24 months to repay the missed payments. While in forbearance, the landlord must suspend all evictions for renters unable to pay rent.   For Fannie Mae-financed multifamily properties with a new or extended forbearance, the borrower is required to provide the following tenant protections during the repayment period:   - Allow the tenant flexibility to repay back rent ove...