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

Posted from: https://www.cnbc.com/2020/05/22/at-first-some-mortgage-bailout-recipients-didnt-need-it-but-now-more-do.html

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….

Posted from: https://www.cnbc.com/2020/05/22/at-first-some-mortgage-bailout-recipients-didnt-need-it-but-now-more-do.html

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….

Leave a Reply

Your email address will not be published. Required fields are marked *