The hotspots for pandemic eviction filings in metro Atlanta have been in non-white, lower-income areas of south Fulton and DeKalb counties and in Clayton County, according to a report from the Federal Reserve of Atlanta.
Tag: Foreclosure
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Diverting mortgage payments to gamble in stock market, pay higher-interest debt
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.
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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.
