Tuesday, 22 June 2021 | The Latest Buzz for the Appraisal Industry

Will Foreclosures Surge as Forbearance Ends?

Will mortgage servicers be overwhelmed by a deluge of foreclosure filings when millions of borrowers exit their COVID-19-related forbearance plans?

Recent data suggest that the storm may not be as bad as some fear. Not only do most impacted homeowners have enough equity – thanks to rising home prices – to avoid foreclosure, the economy is recovering rapidly as states reopen, allowing impacted borrowers to return to work and get back on track.




Need Help?

Our knowledge base will help you and find the answers you're looking for.