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Re: Golfbum22 post# 603029

Tuesday, 04/07/2020 6:23:45 PM

Tuesday, April 07, 2020 6:23:45 PM

Post# of 795663
"does that mean they will take it over or send it to a larger serving company-but why would another company want any of these right now?
"

Looks like:

Service providers are asking financing (loan) from FnF/Gov because FHFA has instructed service providers not to demand the payments from mortgage/home owners (during forbearance period) but service providers have to pay MBS owners interest+principal.

FHFA Directors is saying that instead of providing loans to service providers, he will transfer the servicing rights from smaller companies to bigger companies.

Probably there is more to understand when it comes to MBS matters besides politics.