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COVID Multifamily/Agency Impacts

COVID-19 Impacts on Fannie Mae and Freddie Mac Lenders

COVID-19 Impacts on Fannie Mae, and Freddie Mac Lenders

Partner is monitoring the constantly evolving COVID-19 situation and its impact on Fannie Mae and Freddie Mac lenders. We work closely with the agencies to stay abreast of changing policies. We will collect information on this page and update it as new information becomes available.

Fannie Mae's latest updates are available here

Issued March 24: Freddie Mac's Nationwide COVID-19 Relief Plan

Yes, We Can Still Support Your Loans

We continue to perform assessments and provide reports to our valued Fannie & Freddie lender clients. Our first priority is keeping our staff and our clients safe, so all assessors have been trained on social hygiene practices and will perform their site visits in the safest manner possible.

We continue to monitor lockdown and stay-at-home orders throughout the country. In some areas, our services are considered essential and we may continue operations; in others, access to sites may be limited. We will work to provide solutions to these challenges on a case-by-case basis. For sites where our access is limited, we have developed a menu of options for limited or virtual observation for your consideration. Please note that these alternative methods pose various degrees of limitations and may require a waiver by the lender and/or pre-approval by the Fannie or Freddie underwriter. 

Yes, We Can Help with Pandemic Preparedness and Response

Partner's industrial hygiene practice includes numerous Certified Industrial Hygienists and other certified safety professionals who have been supporting clients as they prepare for and respond to the COVID-19 crisis. If you or your clients require pandemic response suppot, please visit our Donated Industrial Hygiene Services page to find free resources including an employee training video and templated response plans. 

Also, our team recently published this helpful post about Risk Mitigation Guidelines for COVID-19 on GlobeSt.com. 

Targeted Services for Fannie Mae and Freddie Mac Lenders

Throughout this crisis, Partner is committed to providing the same level of service that our Fannie and Freddie clients depend on. For a complete list of services that support agency lenders, please visit our Agency Lenders page

Virtual Site Assessments for COVID-19 Related Access Limitations

Partner is prepared to offer alternative approaches to assessing facilities where access may be limited. Partner can work with the client to conduct a video-call inspection (ex Facetime, WhatsApp or Zoom), or take specific interior photos. Check out a video of how this works!