Past-Due Mortgages Increase by 1.6 Million in April, Largest Single-Month Increase Ever Recorded; Delinquency Rate Nearly Doubles
Staying informed about #HOA properties and liens is critical to reduce unforeseen costs and risks. Protect your first lien position. https://t.co/rWvHcnEkgX
Yes @NMNBrad, as of May 26, 22% of homeowners in forbearance had remitted May payments than did in April (46%), pointing to another likely rise in the #mortgage delinquency rate for May.
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More on the number of homeowners in #mortgage forbearance programs falling for the first time since the beginning of the #COVID19 crisis from @DianaOlick of @CNBC using Black Knight's McDash Flash Forbearance Tracker data. https://t.co/DGB3QkcPw1