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Number of Mortgages in Forbearance Jumps Nearly 1000%

While estimates have ranged from two million to 12.5 million, we’re now getting our first clues as to just how many homeowners will request mortgage forbearance from their loan servicer due to COVID-19. And so far, it doesn’t look too good, which might be a result of the many mortgage relief programs being offered, along [&hellip
Source: Mortgage