Will Mortgage Forbearance Lead to a Foreclosure Crisis?
Millions of Americans have their mortgage in forbearance - they have permission from the lender not to make payments for a few months, due to a loss of employment and/or income due to covid. For many, the forbearance period is nearly up and payments will soon be due. What happens then - will owners get foreclosed on? Will there be an influx of short sales? Find out why one go-to researcher says the chance of this is somewhere around "zero"......and why I generally agree.