Mortgage Chaos Threatens to Worsen Once It’s Time for Repayments

Bloomberg, Apr. 28, 2020–Joe Light
Lenders and veterans of the 2008 financial crisis warn the real chaos won’t start until the pandemic passes. Bob Broeksmit, chief executive officer of the Mortgage Bankers Association, said Fannie, Freddie and the FHFA are working with lenders to make it easier for borrowers to get current on their loans.