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Republicans call on Treasury to create liquidity facility for servicers

Apr 13, 2020By

Late last week, more than 20 Republican members of the House of Representatives sent a letter to the Department of the Treasury, urging Treasury Secretary Steve Mnuchin to create a liquidity facility for servicers that might find themselves in financial distress due to advancing principal and interest payments to investors on loans that are in forbearance.

3d rendering of a row of luxury townhouses along a street

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