Late-term mortgage delinquencies rise on forbearances

Aug 21, 2020 |

The number of seriously delinquent mortgages, meaning payments overdue by 90 days or more, soared to a 10-year high during July in a tally that counts forbearances. There were 2.25 million home loans that were seriously delinquent last month as borrowers took advantage of a provision of the CARES Act that allows people impacted by […more]

Posted in: San Francisco

Comments are closed.