According to the Philadelphia Federal Reserve Bank, delinquencies and forbearance markets may have begun to flatten out as forbearances have posted about a half-million in mortgages, delinquencies posted numbers of around 2 million, and foreclosure starts hovering around 30,000 per ...
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According to the new data released by the Federal Reserve Bank of Philadelphia, it’s predicted that roughly 2.15 million mortgages are either in forbearance or past due, with an estimated 630,000 of those mortgages still in forbearance as of April ...
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A new report shed light on the state of delinquencies and prepayments in the U.S. Click through to learn what it revealed.
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