Calabria: No Servicer Liquidity Facility Coming, But GSEs May Pull Servicing from Struggling Companies

HousingWire, Apr. 7, 2020–Ben Lane
Despite growing calls from the housing industry for a federally backed liquidity facility for servicers to address the increase in forbearance due to the coronavirus, Federal Housing Finance Agency Director Mark Calabria told HousingWire Tuesday that no such facility is coming.