[WSBARP] Federally backed mortgages and evictions

[Kary Krismer]

If you look at the definition for 1-4 family homes it includes Fannie 
Mae and Freddie Mac loans, so it would be virtually all home loans 
except maybe those portfolio lenders like Washington Federal.

15 USC 9058.

The same is true of 5 units and above, but I have no idea how common 
Fannie and Freddie are in those type of loans.

There are also Internet tools I remember from the financial crisis, but 
I have not idea used or even thought about those for years.

https://fhmtg.com/freddie-mac-and-fannie-mae-loan-lookup-tools/

Kary L. Krismer
206 723-2148

On 1/17/2023 6:23 AM, Annie Fitzsimmons wrote:
> Good Morning.  If you've not yet read /Sherwood Auburn LLC v. Pinzon/, 
> 521 P.3d 212 (Wash. Ct. App. 2022), then reading it will get your 
> Tuesday-masquerading-as-a-Monday off to a startling start.  Spoiler 
> alert: based on the CARES Act, all  landlords with a federally backed 
> mortgage must give 30 days notice before initiating an eviction based 
> on unpaid rent.
>
> Question:  How do you know if a mortgage is a "federally backed 
> mortgage"?  I know that FHA and VA loans are federally backed.  Aren't 
> there some conventional loans that are federally backed?  If so, how 
> do you determine if it is or isn't?
>
> Thanks! Annie
>
> Annette T. Fitzsimmons P.S.
> P.O. Box 430
> Belfair, WA 98528
>
>
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