Forbearance, one of the critical components of the CARES act that allowed borrowers short-term relief from their mortgage payments, is nearing an end. Who will be affected, and what does this mean to personal savings, foreclosure rates, and your borrower’s ability to make payments on other debt. Join Andy Haughwout, Economist, SVP and Policy Leader for FRB-NY as we discuss the implications of the end of mortgage forbearance programs.
Liberty Street Economics Blog
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