In today’s Daily Download episode, HousingWire discusses major forbearance policy changes from the Federal Housing Finance Agency and Federal Housing Administration.For some background on the story, here’s a summary of the article:Major forbearance policy changes have been set into motion.The Department of Housing and Urban Development announced on Tuesday an extension allowing single-family homeowners with Federal Housing Administration-insured mortgages to request an initial forbearance through Dec 31, 2020.Homeowners with FHA-insured mortgages that needed assistance due to financial hardship from the pandemic initially had through Oct. 30 to request forbearance. However, a news release from HUD said that the effects of COVID-19, coupled with its impact on borrowers across the country, led them to extend the period.The FHA requires mortgage servicers to provide up to six months of COVID-19 forbearance when a homeowner requests this assistance, and up to an additional six months of forbearance for homeowners who request an extension of the initial forbearance. In effect, this means some borrowers may not exit this forbearance until the end of 2021.Following the main story, HousingWire covers a report from the Mortgage Bankers Association that claims mortgage applications fell six basis points this week, as well as the announcement of AmeriHome becoming the latest company to join the mortgage industry’s IPO boom.The Daily Download examines the most compelling articles reported from the HousingWire newsroom. Each afternoon, we provide our listeners with a deeper look into the stories coming across our newsroom that are helping Move Markets Forward. Hosted by the HW team and produced by Alcynna Lloyd and Victoria Wickham.HousingWire articles covered in this episode:In a bid for stability, FHFA and FHA extend forbearance policiesAs mortgage rates climb, applications fall six basis pointsAmeriHome could be valued at $1.3B following IPO