Property News · May 22, 2020

At first, some who took the mortgage bailout didn't need it, but now most 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.

Source : cnbc.com
Read more…At first, some who took the mortgage bailout didn’t need it, but now most do

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