Mortgage Industry Seeks Billions in Federal Help as Homeowners Stop Paying Their Loans

Washington Post, Mar. 27, 2020–Renae Merle
Without federal assistance, said Bob Broeksmit, President and CEO of the Mortgage Bankers Association, a large industry trade group, some mortgage servicers say they could go out of business within a few months, potentially making it more difficult for homeowners to secure mortgage relief as the U.S. economy grinds to a halt to contain the growing pandemic.