
Mortgage Distress Likely to Climb After Forbearance Ends, Researchers Find
American Banker, May 19, 2021–Polo Rocha (subscription)
Only 0.9% of mortgage borrowers are currently at least 90 days delinquent. That figure could rise as high as 3.8% once pandemic-related deferrals lapse — still well below the 6% mark reached after the Great Recession, according to research by the New York Fed.
https://www.americanbanker.com/news/mortgage-distress-likely-to-climb-after-forbearance-ends-researchers-find