Mortgage servicers look to FHFA as forbearance soars
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Mortgage servicers look to FHFA as forbearance soars

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The number of mortgage loans in forbearance increased by 37% in the first week of April, with mortgage servicers coming under intense pressure to continue advancing payments to RMBS bondholders. Market participants are hoping the Federal Housing Finance Agency (FHFA) steps in with a fix.

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