I’m just curious about the “mechanics” of this CHFA program (the devil is in the details) :={
About these State Handouts to homeowners behind in their payments, to cure default, catch up on mtg payments, to catch up on their 2nd TD/3rd TD/HELOC payments (while their free-and-clear [name your luxury vehicle(s)] sit in their driveways and they have paying tenants in their “additional properties” . . . will these “transfer payments” be paid directly to the delinquent borrowers or to their lenders??
