Doesn't mean someone won't be foreclosing on someone, but in some cases the party actually holding the paper might want to keep his mouth shut until this blows over ~ lest he be caught up in the search for and prosecution of persons engaged in fraudulent behavior.
Back a decade or so ago when many banks were unbundling the mortgage from the servicing of the mortgage account, crooks got loose and many homeowners found their monthly payments didn't get registered ~ just stolen.
I have no problem believing some of the major mortgage companies in that smaller scandal got burned this time as well
That's because I've observed that in large institutions (public or private) folks who stupidly let money wash down the drain are frequently promoted to even more responsible positions provided they look good in a suit.
That's hard to understand. The lender entitled to the income-stream of interest would wonder why his interest payment didn't arrive.