Journal Article
COVID-19 Impacts on Housing Stability in the Twelfth Federal Reserve District
Mattiuzzi, Elizabeth; Hodge, Eileen (2020-10-08)
In the face of layoffs and furloughs due to the COVID-19 pandemic, many renters and homeowners across the country have struggled to make their mortgage or rent payments. Banks have provided flexibility to borrowers through loan deferrals and forbearance during the pandemic. The federal CARES Act provided stimulus payments to low- and moderate-income people and expanded unemployment insurance payments by states, allowing many to continue paying their bills during the early months of the pandemic. The CARES Act also included rental assistance to be disbursed by states, a moratorium on evictions ...
Community Development Research Brief , Volume 2020 , Issue 06 , Pages 06

Journal Article
Foreclosure Rate Drops during COVID-19 despite Dip in On-Time Mortgage Payments
Sanchez, Juan M.; Wilkinson, Olivia (2021-06-04)
While on-time residential mortgage payments dropped drastically during the 2020 COVID-19 pandemic, most delinquent borrowers avoided foreclosure.
The Regional Economist