Mandatory Forbearance To Borrowers

[Chris Seveney]

Not an attorney just wanted to send a PSA to people that if you have loans in a state that requires you to offer a borrower forbearance (even on non GSE loans) make sure to coordinate with your attorney and your servicer

If you had sent a demand letter prior to the requirement my attorney has recommended this still be sent and they are also sending out a notice to the borrowers

Very important to make sure your servicer and attorney are on same page more than ever right now

[Chris Seveney]

@Andy Mirza

Maryland is one I am sure of. I am reviewing with all my attorneys right now what other states there are.