The Mounting Costs of Protracted Mortgage Forbearance

March 26, 2021

American Banker, Mar. 25, 2021–Kate Berry (subscription)
The FHFA’s forbearance extension to September is forcing nonbank servicers to buy out more delinquent loans. It’s also upended loss estimates for investors and made racial and income disparities in the mortgage market worse.
https://www.americanbanker.com/news/the-mounting-costs-of-protracted-mortgage-forbearance