
Politics
New York
Jun 16, 2021
Millions of homeowners remain vulnerable as forbearance winds down
Minority and low-income areas, disproportionately impacted by the pandemic, will likely see the worst fallout
Minority and low-income areas, disproportionately impacted by the pandemic, will likely see the worst fallout
Federal program to cover just 9% of delinquencies as forbearance runs out
A Fitch report shows borrowers taking advantage of government forbearance options, and paying bills that carry greater short-term consequences