Fannie Mae and Freddie Mac issue relief policies for victims of Tropical Storm Barry

Tropical Storm Barry is now moving into the nation’s Gulf Coast, threatening the state of Louisiana with as much as 20 inches of rain. As Barry continues to slowly move along the coast, recent reports now say that the storm has the potential to land a Category 1 hurricane designation. In response to this threat, Fannie Mae and Freddie Mac are reminding servicers of mortgage assistance options available for victims of this destructive storm.