Monday, September 20, 2021

It is not all cheers and celebrations as President Biden took office. While a flurry of Executive Orders were spun out on Day 1, the reality is that the situation is bleak in the real estate sector for all --- other than the ultra rich. Black Knight noted the national delinquency rate is a full three percentage points above pre-pandemic levels while seriously past-due mortgages remain 1.8 million above pre-pandemic levels.

Over the . . .

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