For those who cannot honor their obligations, do you consider the possibility--of course, this is a case-by-case basis--of principal reduction as a possibility in the portfolio, in the tool of things to be used?
Bob Menendez: “For those who cannot honor their obligations, do you consider the possibility--of course, this is a case-by-case…”
Editor's note · Context
Menendez inquires about principal reduction for borrowers unable to meet their obligations.
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