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Mortgage renewal when layed off?
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sand85
Posted 5/6/2021 20:07 (#8991058 - in reply to #8991045)
Subject: RE: Mortgage renewal when layed off?


C IL

... Unless you are an institution that has been making payments on behalf of your nonperforming mortgaged homeowners who opted to take the federal deferral, and you are sick of it, and you are worried your bank will go under because of it, and all you can do right now is screen new mortgage applicants very very aggressively, or maybe the underwriters and examiners are doing it for you.

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