Friday, May 22, 2020

At first, some mortgage bailout recipients didn't need it, but now more do

As of this week, 4.75 million homeowners are in government or private sector mortgage forbearance programs, according to Black Knight. That is 9% of all mortgages outstanding. New analysis, however, shows a large share of these borrowers initially didn't need the bailout, but now more do....(read more)
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