Saturday , 28 November 2020

Millions Missed Housing Payments Last Month

In estimating how much distress the COVID-19 crisis has brought upon homeowners, the Mortgage Banker’s Association (MBA) determined, via its Research Institute for Housing America (RIHA), that some 6 million households missed rent or mortgage payments in September. Though the percent of homeowners and renters behind on their payments in Q3 decreased slightly from Q2, …

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