Mnuchin on Mortgage Servicing: We’re Going to Make Sure the Market Functions Properly

HousingWire, Apr. 14, 2020–Ben Lane
In the face of increasing calls to help mortgage servicers facing financial distress because they have to advance principal and interest payments to investors on loans that are in forbearance, Department of the Treasury Secretary Steve Mnuchin said the government is “very aware” of the issue and will “make sure” the mortgage market continues to function.