Servicers Need Liquidity to Make Advances During Forbearance

National Mortgage News, Mar. 24, 2020–Brad Finkelstein (subscription)
The Federal Reserve Board should create a dedicated facility for mortgage servicers to access in order to make required advances, industry participants and observers, including its largest trade group, said.
https://www.nationalmortgagenews.com/news/mortgage-servicers-need-liquidity-to-make-advances-during-forbearance