Mortgage Industry Fires Back at Regulator Who Refuses to Help Servicers Getting Slammed by Payment Delay Request
CNBC, Apr. 8, 2020–Diana Olick
Loan servicers are being slammed by requests from homeowners to delay their monthly mortgage payments as the coronavirus forces millions of people out of work. Yet one of the industry’s top regulators vehemently denies that those servicers need any help.
Top industry leaders are fighting back in an escalating war of words that could have a wide-ranging impact on the nation’s housing market. (MBA mention)