FHFA Director Discusses Forbearance
In this episode of DS5: Inside the Industry, Federal Housing Finance Agency (FHFA) Director Dr. Mark A. Calabria discusses what regulators are doing to assist homeowners, lenders, and servicers, including the mortgage forbearance programs being offered to homeowners. Calabria recently urged borrowers to “be honest,” as borrowers do not need to show any proof of financial hardship…