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Examining Mortgage Resolutions, Forbearances, and Delinquencies

Approximately 2.4 million mortgages are either in forbearance or past due; as an estimated 707,000 of those were still in forbearance as of February, according to the latest report from the Philadelphia Federal Reserve Bank. Since most of these plans will expire in the next five months and protections against foreclosure expired on January 1, …

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