Iowa Bankers Association Iowa Bankers Insurance & Services, Inc.
Iowa Bankers Association
8800 NW 62nd Avenue
Johnston, IA 50131
Toll-Free: 800-532-1423
Local: 515-286-4300
Fax: 515-280-4140

Mortgage Forbearance Numbers up Due to COVID-19

:Mortgage Forbearance Numbers up Due to COVID-19

More Americans are putting their mortgage payments on hold. According to a new survey from the Mortgage Bankers Association, about two million loans were in what’s called “forbearance” the first week of April, meaning borrowers have asked for a temporary break on the payment due.
https://www.marketplace.org/2020/04/14/mortgage-forbearance-numbers-up-due-to-covid-19/

 

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