2021 April National Market Update

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3 years ago

Are all of these forbearances going to cause a market crash, similar to what we had in 2008? Hi, I'm Natasha Carroll, with Natasha Carroll Realty. As a February 14th, the Mortgage Bankers Association has information to address this, and it looks like we're in pretty good shape. 84% of the people who enter into forbearance are either out of forbearance currently or working through it to set up repayment plans. 50.8% are paid in full, 33.6% worked out repayment plans, and only 15.6% are still in trouble.

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