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17: Foreclosure Fears, “Emotional” Equity, and Big Buying Opportunities w/Rick Sharga

On The Market

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Forbearance - The Single Best Example of Government and Mortgage Industry Working Together

Eight million people have been in and out of the mortgage forbearance program. Of those eight million people, less than half % have exeted via default or short sale or deed in lieu. 83 % have left with a pant a plan in placeaa, mortgage forbearance,. not forbearance, a mortgage modification, a deferal programme. Some of them paid off their loans. But 83 % left with a plan in Place. The 17 % that did n't, about half ultimately wound up with some sort of plan. So again, just remarkable, markable numbers.

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