Slightly under 5 million households did not make their rent or mortgage payments in the second quarter of 2021, according to updated research from the Mortgage Bankers Association’s (MBA) Research Institute for Housing America (RIHA).
Housing-Related Financial Distress During the Pandemic, RIHA’s study, found that 8.6% of renters (2.86 million households) missed, delayed or made a reduced payment in June 2021, while 4.6% homeowners (2.19 million) missed their mortgage payment. In addition, 28 million