The Federal Housing Finance Agency is considering a plan that would help underwater homeowners who have filed for Chapter 13 bankruptcy protection.

With the approval of a bankruptcy judge, the borrower would make only principal payments — and no interest — on a Fannie Mae or Freddie Mac mortgage for five years.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.