Nearly 3 Million Homeowners Get Mortgage Help, But Others Hit Roadblocks
NPR, Apr. 20, 2020–Chris Arnold
About 2.9 million homeowners have been allowed to put their mortgage payments on hold as the coronavirus shutdowns around the country put more people out of work. That’s nearly 6% of all outstanding mortgages. “A lot of people are in distress,” said Michael Fratantoni, chief economist at the Mortgage Bankers Association.