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Mnuchin Says U.S. Has No Plans for Mortgage Servicer Lifeline
Bloomberg, Apr. 23, 2020–Saleha Mohsin
Treasury Secretary Steven Mnuchin said the U.S. has no current plans to create a Federal Reserve facility to inject funding into non-bank mortgage servicers, as recent government moves will help the firms get through the risk of millions of borrowers missing their mortgage payments.
https://www.bloomberg.com/news/articles/2020-04-23/mnuchin-says-u-s-has-no-plans-for-mortgage-servicer-lifeline