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Eric Hovde: “950,000 loans under the purview of FHA and VA were provided…”

Featuring: Eric Hovde, Republican | Former Candidate, U.S. Senate Wisconsin

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Consumer Forbearance Is Over

Published | Video Starts at 00:27

Student debt in February is now factored into FICO scores and garnishment of wages started on October 1st. FHA and VA loans. I didn't even know this until about a year ago. 950,000 loans under the purview of FHA and VA were provided forbearance quite often, multiple times. Oh, you don't pay. We'll just stick it on the back end. We'll stick it on the back end. (00:27–00:39)

CLAIM

Asserts that 950,000 FHA and VA loans were frequently given forbearance.

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