Nearly 4 Million Homeowners are No Longer Paying their Mortgages

CBS News, May 1, 2020–Khristopher J. Brooks
“Over 26 million Americans have filed for unemployment over the last month, leading to nearly 7 percent of all mortgage borrowers asking to be put into forbearance plans,” Mortgage Bankers Association Chief Economist Mike Fratantoni said. “For Federal Housing Administration and Veterans Affairs borrowers, the share of loans in forbearance is even higher, at 10 percent.”
https://www.cbsnews.com/news/mortgage-forbearance-4-million-growing/