Nearly 500,000 borrowers went into forbearance in the last week

Apr 24, 2020 |

As the number of unemployed Americans surges, the number of mortgages that are going into forbearance is escalating as well. The most recent data from the Labor Department shows 4.43 million people filed for unemployment last week. Meanwhile, the number of people whose mortgages went into forbearance increased by nearly 500,000 in the seven days […more]

Posted in: San Francisco

Comments are closed.