Is Strong Equity Enough to Hold Back Foreclosures?
RIS Media
OCTOBER 5, 2021
. “An analysis of our McDash loan-level mortgage performance dataset back to 2007 shows that holding equity in one’s home might not be a blanket backstop to foreclosure activity,” said Graboske in a statement. That brings the average monthly mortgage payment to its highest level since late 2007. ” said Graboske.
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