Q: Is a Foreclosure Crisis Imminent?
Many of you already know that a large percentage of the U.S. population currently has their mortgage in forbearance—3.7 million people. That’s about 7% of all active mortgages. The question is what’s going to happen over the next six months as those forbearance programs come to an end? Could a foreclosure crisis happen soon? To hear our thoughts on the subject, watch this short video.
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