Largest ever spike in mortgage delinquencies

[tsptalk]

Not surprising, but...

Coronavirus causes largest ever monthly spike in US mortgage delinquencies

About 3.6 million homeowners were past due on mortgage payments as of end of April

https://www.foxbusiness.com/personal-finance/coronavirus-monthly-spike-us-mortgage-delinquencies

 

[rangerray]

And, executive orders preventing evictions, forgiveness of missing utility payments, auto loans, credit card payments, etc. won’t last much longer. Survival of the fittest has its place in the financial arena too.


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