Wednesday , 6 January 2021

Forbearances vs. Natural Disasters: Lessons in Damage Mitigation

The forbearance rate during the early part of the COVID-19 pandemic was roughly identical to the rate recorded during the devastating 2017 hurricane season that ravaged regions throughout the Gulf Coast and Atlantic Coast, according to new research published by Freddie Mac. During the pre-pandemic period of January 2019 to February 2020, the forbearance rate …

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