FREE PREVIEW
|
LOGIN OR SUBSCRIBE NOW TO READ THIS ARTICLE
|
Ginnie to provide servicer liquidity assistance
|
Ginnie Mae Principal Executive Vice President Seth Appleton announced that the agency would step up to help servicers address potential liquidity problems following business disruptions related to the coronavirus.
“We have heard from our issuer and servicing partners that borrower forbearance arrangements that are nationwide in scope could place an enormous strain on issuers,” Appleton said in a blog post on Ginnie Mae’s site.
Read on for details of Ginnie Mae’s plan to help servicers and issuers meet their obligations as borrowers take advantage of forbearance plans.
TO READ THE FULL STORY
|
|
Already a subscriber?
Problems logging in?
Please call 330-659-6101 x 805 or email us for assistance.
|
|
Today's other top stories