Fearing Foreclosure Crisis, U.S. Watchdog Cracks Down on Mortgage Servicers

Reuters, Apr. 19, 2021–Koh Gui Qing, Katanga Johnson
Pete Mills of the Mortgage Bankers Association pointed out that “record numbers” of Americans had so far exited forbearance without losing their homes and said he hoped the CFPB uses the data gathered from servicers “to guide, rather than penalize, the industry” on how to best help homeowners in forbearance.