The last time Dodd Frank Update spoke with Ed Delgado was two months ago, in the middle of March, just as the country and industry began to understand the effect the pandemic would have on everyone.
Now, with 4 million borrowers in forbearance, and the unemployment rate near 15 percent, we caught up again with the President and CEO of Five Star Global, LLC, and talked about the work which the COVID-19 Mortgage Industry Task Force has done to prepare for the onslaught.
“I think we’re facing the calm before the storm,” Delgado said. Read on for more from our interview.