Over 4 Million Americans Are Now Skipping Their Mortgage Payments
May 19th, 2020Via: Marketwatch:
Overall, 8.16% of all mortgages were in forbearance as of May 10, meaning borrowers can either skip or make reduced payments, the trade group said. That was up from 7.91% as of May 3, which is the smallest increase since March. Forbearance requests dropped from 0.52% of the total mortgage volume to 0.32%.
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