About 2 million homeowners are skipping their monthly mortgage payments, according to industry data released on Monday, a number that is forecast to rise further as more Americans lose their jobs as a result of the coronavirus pandemic.
Approximately 3.74% of home loans are in forbearance as of April 5, according to Mortgage Bankers Association data, up from about 2.73% the prior week.
If tax money will pay for them, why they need to waste their own money! It happened in 2008, 2009.
COVID-19 is reeking havoc.
I hope that isnt a surprise
gamesblazer06 seems bad but I don’t know
Not because they didn't have the money, but because government told them they could. That will go badly.
Good way for someone else to own your house.
Fuck the Establishment🖕🖕🖕
So let’s get this economy back open!!! Enough already!!!
michaelbatnick Noahpinion what percentage of total home owners is 2 million?
Great news!
Here we go again!
Not good.....
Rich ppl will get bailed out! No problem!
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Source: WSJ - 🏆 98. / 63 Read more »