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Will Forbearance Plans Lead to a Tsunami of Foreclosures?

By |2021-01-13T04:00:43-07:00January 13th, 2021|Categories: Distressed Properties, For Buyers, For Sellers, Foreclosures, Housing Market Updates, Pricing, Real Estate, Short Sales|

At the onset of the economic disruptions caused by the COVID pandemic, the government quickly put into place forbearance plans to allow homeowners to remain in their homes without making their monthly mortgage payments. Today, almost three million households are actively in a forbearance plan. Though 29.4% of those in forbearance have continued to stay [...]