KEVIN MOSS: Oliver Wyman Senior Advisor, Formerly Chief Risk Officer at SoFi, Chief Risk Officer at Wells Fargo Consumer Lending (CLICK HERE)

It is likely that forbearance programs will be concentrated in first-time homebuyers, lower down-payment programs (for example, FHA program) and higher risk credit. It’s important to understand where these are concentrated in your portfolios because these segments carry a higher degree of reputation risk in terms of how you handle them.