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Home Equity Could Prevent Flood of Forbearance-Related Foreclosures

The latest Mortgage Monitor report from Black Knight reveals that many homeowners in forbearance plans are sitting on a healthy amount of home equity, meaning if they’re forced to sell banks may not lose out. Per the data analytics company, fewer than one in 10 homeowners (9%) in forbearance have 10% or less home equity [&hellip
Source: Mortgage