Forward this article via email: Send a copy of this story to someone you know that may want to read it.
from Around The Web https://ift.tt/3bj4c76
via IFTTT
Monday, March 23, 2020
Coronavirus US: Potential wave of mortgage delinquencies could bankrupt the payment system
The MBA estimates that if approximately one-quarter of all borrowers request and are granted loan forbearance for six months or longer, demands on servicers could exceed $75 billion and could climb well above $100 billion. That would easily bankrupt the mortgage finance system....(read more)
from Around The Web https://ift.tt/3bj4c76
via IFTTT
from Around The Web https://ift.tt/3bj4c76
via IFTTT
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment