Over 4 Million Mortgages are in Forbearance in the United States
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During the Coronavirus, a vast number of Americans are struggling to keep up with their mortgage payments. As of July 5th, 8% or 4.1 Million mortgages are in forbearance. Meanwhile, half of American households have lost a portion of their income due to COVID. Lenders have been exploring ways to suspend or reduce mortgage payments […]