Efforts at federal and local levels to help homeowners into forbearance rather than foreclosure have been enormously effective, according to economists, but the uncertainty and temporary nature of those protections leave the market at risk of a possible wave of foreclosures. “At the peak in early June, 8.6% of all mortgage loans were in forbearance. …
The post Unprecedented Equity Could Help Prevent ‘Foreclosure Tsunami’ appeared first on DSNews.
Source: DS News