Gambling in the stock market and paying off higher-interest loans is the way some homeowners may be using the mortgage payments they’ve not had to pay during the pandemic, according to a report released Thursday by the Atlanta Fed.
Tag: Forbearance
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Foreclosure crisis isn’t on horizon as pandemic roils mortgage industry: Harvard Center
A surge of foreclosed homes isn’t on the horizon because of the pandemic, but the fate of renters is less than certain because they’re harder for the government to protect, according to a comments in a forum sponsored Tuesday evening by the Joint Center for Housing Studies of Harvard University.
