அண்டை வேலைகள் மேற்கு பென்சில்வேனியா News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from அண்டை வேலைகள் மேற்கு பென்சில்வேனியா. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In அண்டை வேலைகள் மேற்கு பென்சில்வேனியா Today - Breaking & Trending Today

Many Black Homeowners Are Falling Further Behind on Their Mortgages


Many Black Homeowners Are Falling Further Behind on Their Mortgages
05/02/2021 | 08:14am EDT
Send by mail :
Message :
By Orla McCaffrey | Photographs by Aaron Ontiveroz for The Wall Street Journal
Black homeowners are having a harder time catching up on missed mortgage payments than other borrowers, new federal research shows.
The share of Black homeowners in forbearance stood at about 11% in mid-April, more than double the overall rate and that of white borrowers, according to the Federal Reserve Bank of Philadelphia. The rate for Hispanic homeowners hovered around 8.4%.
The mortgage forbearance program laid out in the March 2020 stimulus bill was designed as a short-term solution, a way for homeowners to postpone payments on federally backed mortgages until the economy and consumers recovered. ....

United States , Michael Neal , Eljon Williams , Kurt Rose , Colin Kelley , Aaron Ontiveroz , Orla Mccaffrey , Centers For Disease , Specialized Loan Servicing , Dovenmuehle Mortgage Inc , Federal Reserve Bank , Brookings Institution , Census Bureau , Mortgage Bankers Association , Wall Street Journal , Mortgage Bankers , Disease Control , Black Americans , Consumer Financial Protection Bureau , Neighborworks Western Pennsylvania , Chief Executive Colin Kelley , Dow Jones , ஒன்றுபட்டது மாநிலங்களில் , மைக்கேல் நீல் , கர்ட் உயர்ந்தது , கொலின் கெலீ ,