Following several weeks of layoffs, business closures and other economic fallout related to the COVID-19 pandemic in the US, the nation observed surging mortgage delinquencies and a significant uptick in “financial hardship” statuses for certain credit products in April, according to American consumer credit reporting agency TransUnion.
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Thursday, May 21, 2020
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US Mortgage Delinquency Sees Historic Surge as 18 Million Credit, Loan Accounts Unpaid
US Mortgage Delinquency Sees Historic Surge as 18 Million Credit, Loan Accounts Unpaid
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