Strained U.S. Mortgage Firms Get Support but Push for Liquidity Facility

Reuters, Apr. 21, 2020–Chris Prentice, Matt Scuffham
Mortgage Bankers Association CEO Bob Broeksmit said data showed a “pronounced ramp-up” in the proportion of mortgage servcing portfolios that is likely to continue. “Nobody knows how long this will go or what the ultimate take-up rate will be,” he said.
https://www.reuters.com/article/us-health-coronavirus-usa-mortgages/strained-u-s-mortgage-firms-get-support-but-push-for-liquidity-facility-idUSKCN2232WL