Covid-19 Homeowner Protections Will Expire Soon. What You Need To Know

Barron’s, Jan. 24, 2021–Shaina Mishkin
Borrowers who cannot afford to continue to pay their mortgage after homeowner protections lift could avoid foreclosure by selling their home, said Mike Fratantoni, chief economist at the Mortgage Bankers Association. “Even if the foreclosure moratorium went away, I don’t expect any significant increase of foreclosures, just given the housing market situation right now,” he said. “These homes would be purchased pretty quickly.”