Do Mortgage Transfers Put Borrowers At Risk?
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Do Mortgage Transfers Put Borrowers At Risk?

April 28, 2020
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The mortgage servicing industry has been on pins and needles during the duration of the COVID-19 pandemic. Recently, they received some relief from the FHFA, but the overwhelming number of borrowers who applied for forbearance, or that were unable to pay their mortgage is continuing to increase. A recent report from Bloomberg Law revealed that the volume of mortgage transfers could pose risks to borrowers.

Read more about how mortgage transfers could affect borrowers.

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Do Mortgage Transfers Put Borrowers At Risk?
April 28, 2020 12:12 PM
by
News

The mortgage servicing industry has been on pins and needles during the duration of the COVID-19 pandemic. Recently, they received some relief from the FHFA, but the overwhelming number of borrowers who applied for forbearance, or that were unable to pay their mortgage is continuing to increase. A recent report from Bloomberg Law revealed that the volume of mortgage transfers could pose risks to borrowers.

Read more about how mortgage transfers could affect borrowers.

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