Mon May 16 12:30:14 EDT 2022
Home#COVIDForeclosures To Increase But Not How You Expect

Foreclosures To Increase But Not How You Expect

US Government Anticipates 15,000 Troubled Loans Processed Per Day For Months To Come

According to CNBC, roughly 7.25 million homeowners have entered into forbearance programs at one point or another during the COVID crisis --- roughly 14% of all homeowners in the US. Today, 28% of those homeowners --- 2 million or so --- remain in active forbearance. And out of the 146,000 plans reviewed this week, 44,000 homeowners left forbearance, while the plans of 102,000 were extended.

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Paul Williams
Paul Williams
Linux addict buried deep in the mountains of East Tennessee.
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