The Case for Supporting Nonbank Mortgage Servicers

National Mortgage News, Apr. 8, 2020–Jon Van Gorp (subscription)
The author says without a dedicated government-funded servicing advance facility that is developed quickly to address the immediate need, there is a potential for nonbank mortgage servicers to fail as a result of a lack of funding for servicing advances.
https://www.nationalmortgagenews.com/opinion/the-case-for-supporting-nonbank-mortgage-servicers