Foreclosure Rate Drops during COVID-19 despite Dip in On-Time Mortgage Payments
Abstract: While on-time residential mortgage payments dropped drastically during the 2020 COVID-19 pandemic, most delinquent borrowers avoided foreclosure.
Keywords: COVID-19; mortgage payments; foreclosures;
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Provider: Federal Reserve Bank of St. Louis
Part of Series: The Regional Economist
Publication Date: 2021-06-04