"There is growing concern that absent a slowdown in the number of coronavirus cases and another round of much-needed federal aid, millions of renters in the coming months face the prospects of falling further behind." --Gary V. Engelhardt, Professor of Economics in the Maxwell School of Citizenship and Public Affairs at Syracuse University and co-author of a Research for Housing Institute America study on financial distress during the coronavirus pandemic.

S&P Global Ratings, New York, said commercial mortgage-backed securities special servicers are working through a surge in borrower requests for relief, primarily on lodging and retail properties.