September 17, 2021

Global News Archive

News archives from around the world.

Foreclosure moratorium expires. Homeowners with deferred mortgage payments scramble to react. – The Washington Post

1 min read

In New Orleans, the rate of forbearance is higher than in any other major metro area as of July 6, according to Black Knight, a data analytics firm that focuses on real estate. About 7 percent of borrowers are taking advantage of the program, twice the national share of about 3.5 percent. Baton Rouge, about 80 miles northwest of New Orleans, ranked second-highest on forbearance rates.

Source Link

Leave a Reply

Copyright ©2016-2021 Global News Archive. All rights reserved.