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Why It’s Harder to Offer Mortgage Assistance to 3 Million Borrowers with Private Loans
Urban Institute, Aug. 14, 2020–Karan Kaul
The author Kaul explains why a lack of standardization and specificity and conflicting servicer obligations mean that borrowers whose mortgages are in private-label securities don’t have the same forbearance options of borrowers with federally backed mortgages.
https://www.urban.org/urban-wire/why-its-harder-offer-mortgage-assistance-3-million-borrowers-private-loans