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.