Coronavirus Pandemic Fuels Rapid Increase in Missed Mortgage Payments
Provided by Structured Finance Association
As the Wall Street Journal’s Andrew Ackerman reports, about two million homeowners are skipping their monthly mortgage payments. We continue to ask Treasury, the Federal Reserve, and FHFA to assist in providing liquidity to mortgage servicers who are working tirelessly to implement broadscale payment assistance mandated by Congress. Click here to read more.