Former CFPB Director Richard Cordray: Are Servicers Prepared to Provide Relief to Borrowers?

HousingWire, May 7, 2020-Brena Nath
Cordray touches on what his biggest concerns are right now with the increase in forbearance requests, along with the messaging that the industry needs to be delivering during this time. He also comments on a possible foreshadowing of what’s to come in regard to consumer challenges across the country.