When covid-19 related mortgage forbearance began, many people misunderstood its meaning and took it as an opportunity not to pay their debt. In this episode, Ron and Heather discuss the issues brought by the eviction moratorium and mortgage forbearance and share great news about rental properties.
WHAT YOU’LL LEARN FROM THIS EPISODE
- Mortgage forbearance during the global pandemic
- Are banks losing their money?
- Tenants taking advantage of the eviction moratorium
- Does eviction moratorium actually help tenants?
- Performance of rental properties
- Are we about to face a tsunami of foreclosures?
RESOURCES/LINKS FROM THIS EPISODE
- https://www.cnbc.com/2021/06/15/rents-for-single-family-homes-just-saw-the-largest-gains-in-nearly-15-years.html
- https://www.cnbc.com/2021/08/03/cdc-will-extend-the-federal-eviction-moratorium-through-oct-3.html
- https://www.cnn.com/2021/08/04/politics/supreme-court-cdc-eviction-moratorium/index.html
- https://www.washingtonpost.com/business/2021/08/01/tsunami-deferred-debt-is-about-hit-homeowners-no-longer-protected-by-foreclosure-moratorium/
- https://fortune.com/2021/07/26/2021-housing-market-real-estate-foreclosures-mortage-forbearance/
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