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As Forbearance Protections End, Nonbank Mortgage Lenders Face High-Volume Processing Tests, Ginnie Mae Risks
Morning Consult, July 15, 2021–Claire Williams
A strong housing market has eased concerns about a widespread wave of defaults, but questions about nonbank mortgage servicers’ ability to handle the expected high volumes of loan modification requests and foreclosures remain. (MBA mention)
https://morningconsult.com/2021/07/15/nonbank-fintech-mortgage-lenders-forbearance-borrowers-pandemic/