{"id":115086,"date":"2020-03-24T00:01:47","date_gmt":"2020-03-23T17:01:47","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/potential-wave-of-mortgage-delinquencies-could-bankrupt-the-payment-system\/"},"modified":"2020-03-24T00:02:56","modified_gmt":"2020-03-23T17:02:56","slug":"potential-wave-of-mortgage-delinquencies-could-bankrupt-the-payment-system","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/potential-wave-of-mortgage-delinquencies-could-bankrupt-the-payment-system\/","title":{"rendered":"Potential wave of mortgage delinquencies could bankrupt the payment system"},"content":{"rendered":"<p>&#013;<br \/>\nMortgage bankers estimate that if a quarter of borrowers 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.&#013;<br \/>\n&#013;<br \/>\nSource : cnbc.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.cnbc.com\/2020\/03\/23\/coronavirus-us-potential-wave-of-mortgage-delinquencies-could-bankrupt-payment-system.html\" target=\"_blank\">Potential wave of mortgage delinquencies could bankrupt the payment system<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Mortgage bankers estimate that if a quarter of borrowers are granted loan forbearance for six&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-115086","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-tWe","jetpack-related-posts":[{"id":115098,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-delinquencies-could-bankrupt-servicers-mba\/","url_meta":{"origin":115086,"position":0},"title":"Mortgage delinquencies could bankrupt servicers: MBA","date":"March 24, 2020","format":false,"excerpt":"\r CNBC's Diana Olick reports on how the mortgage industry is also feeling the impact of the coronavirus outbreak.\r \r Source : cnbc.com\r Read more...Mortgage delinquencies could bankrupt servicers: MBA","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114960,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chief-mortgage-regulator-working-on-plan-for-potential-spike-in-delinquencies-from-coronavirus\/","url_meta":{"origin":115086,"position":1},"title":"Chief mortgage regulator working on plan for potential spike in delinquencies from coronavirus","date":"March 17, 2020","format":false,"excerpt":"\r As the growing economic impacts of the coronavirus roll through the nation, some of the nation's largest mortgage lenders are already getting calls from borrowers, concerned they won't be able to make their monthly payments. Both government and independent regulators for the mortgage industry are now working on plans\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120280,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-delinquencies-sink-to-pandemic-low-but-distress-is-far-from-over\/","url_meta":{"origin":115086,"position":2},"title":"Mortgage delinquencies sink to pandemic low, but distress is far from over","date":"February 10, 2021","format":false,"excerpt":"\r Mortgage delinquencies have dropped to the lowest level since the start of the pandemic, but the numbers don't appear to be improving much anymore.\r \r Source : cnbc.com\r Read more...Mortgage delinquencies sink to pandemic low, but distress is far from over","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117614,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/commercial-mortgage-delinquencies-surged-at-record-monthly-rate-in-june\/","url_meta":{"origin":115086,"position":3},"title":"Commercial mortgage delinquencies surged at record monthly rate in June","date":"July 7, 2020","format":false,"excerpt":"\r Delinquencies in commercial mortgage-backed securities jumped by 213 basis points to 3.59% from 1.46%, the largest one-month spike since Fitch Ratings began tracking the metric nearly 16 years ago.\r \r Source : cnbc.com\r Read more...Commercial mortgage delinquencies surged at record monthly rate in June","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115588,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/expect-at-least-2-million-new-mortgage-delinquencies-market-researcher\/","url_meta":{"origin":115086,"position":4},"title":"Expect at least 2 million new mortgage delinquencies: Market researcher","date":"April 14, 2020","format":false,"excerpt":"\r CNBC's Kelly Evans is joined by Andy Walden, Black Knight director of market research, to discuss how many mortgage delinquencies there may be amid spiking unemployment numbers due to the coronavirus pandemic.\r \r Source : cnbc.com\r Read more...Expect at least 2 million new mortgage delinquencies: Market researcher","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60998,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/retail-woes-lead-to-rising-commercial-mortgage-delinquencies\/","url_meta":{"origin":115086,"position":5},"title":"Retail woes lead to rising commercial mortgage delinquencies","date":"July 18, 2017","format":false,"excerpt":"\r Figures show worst situation since 2013 as investors balk at refinancing\r \r Source : ft.com\r Read more...Retail woes lead to rising commercial mortgage delinquencies","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115086"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=115086"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115086\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=115086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=115086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=115086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}