Last year brought with it one of the most surprising years housing has ever seen, but for mortgage servicers, their work has only just begun.
As 2019 came to a close, economists vigorously debated the chances of a recession in 2020. While divided, many suggested that a recession would be a possibility near the end of last year or even in early 2021. Others said we wouldn’t see any sort of recession until at least 2022.
Then COVID-19 made its appearance.
And while it did bring about a recession in 2020 as job losses mounted and stay-at-home orders slowed down details ⇒
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