Potential wave of mortgage delinquencies could bankrupt payment system

Potential wave of mortgage delinquencies could bankrupt payment system

Rows of houses in Las Vegas. Jacob Kepler | Bloomberg | Getty Images Last week the regulator for mortgage giants Fannie Mae and Freddie Mac announced a forbearance program for borrowers unable to pay their loans because of the effects of the coronavirus. The Department of Housing and Urban Development, which includes the FHA loan […]