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.