Democrats press top mortgage servicers on forbearance issues

May 07, 2020

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Housingwire--Ben Lane

A coalition of Democratic senators has issued survey letters to Bank of America, JPMorgan Chase, Lakeview Loan Servicing, LoanCare, Mr. Cooper, NewRez, PennyMac Financial Services, Quicken Loans, Truist Financial, U.S. Bancorp, and Wells Fargo that includes a list of 13 questions, many with several subsections, concerning their handling of COVID-19 consumer relief provisions and requiring response from these servicers by mid-May.

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