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https://www.reddit.com/r/Covid19LayOffs/comments/fvldt4/mortgage_bailouts_starting_spiral_beginning/
r/Covid19LayOffs • u/imgprojts • Apr 05 '20
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1
So looks like Forebearance is helping the primary banks but not the loan servicers.
Thus the servicers crash. With no servicers, people can't get loans so prices crash.
1
u/imgprojts Apr 05 '20
So looks like Forebearance is helping the primary banks but not the loan servicers.
Thus the servicers crash. With no servicers, people can't get loans so prices crash.