Coronavirus effect could be 'far deeper than the subprime crisis,' says mortgage company CEO

Posted from: https://www.cnbc.com/2020/04/01/coronavirus-effect-could-be-far-deeper-than-the-subprime-crisis-says-mortgage-co-ceo.html

For most mortgage borrowers, the first of the month is payment day. This month,on however, is a very different story. Millions of borrowers have either lost jobs or income, and are suddenly struggling to make those monthly payments….

Posted from: https://www.cnbc.com/2020/04/01/coronavirus-effect-could-be-far-deeper-than-the-subprime-crisis-says-mortgage-co-ceo.html

For most mortgage borrowers, the first of the month is payment day. This month,on however, is a very different story. Millions of borrowers have either lost jobs or income, and are suddenly struggling to make those monthly payments….

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