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Mortgage Delinquency Rate Jumps with Forbearance Tallied as Overdue
HousingWire, May 12, 2020–Kathleen Howley
The U.S. mortgage delinquency rate jumped during the first quarter in a report from the Mortgage Bankers Association that counts forbearances as late payments. The share of home loans overdue by 30 days or more rose to 4.36% of all mortgages, up 59 basis points from a record low in the fourth quarter.
https://www.housingwire.com/articles/mortgage-delinquency-rate-jumps-with-forbearances-tallied-as-overdue/