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Re: navycmdr post# 607138

Friday, 05/01/2020 10:28:44 PM

Friday, May 01, 2020 10:28:44 PM

Post# of 794298
"Fannie Mae, Freddie Mac are preparing to cover servicers’ advances
on loans in forbearance GSEs reveal they will make payments to bond holders after four months"


Does any one know why Gov requires private companies FnF to provide the forbearance to mortgage defaulters instead of Gov pay GSEs on behalf mortgage defaulters during forebearance period?

Gov exacted usury interests from FnF for SPS and 80% warrants even when FnF never needed Gov money. Now Gov is imposing social mandates on FnF without funding the costs.