Tuesday, May 19, 2020

Review of real estate market

https://prospect.org/coronavirus/unsanitized-look-at-that-fraud-in-mortgage-markets/

 

Mortgage forbearance, eviction bans, unemployment insurance boost, and stimulus checks have prevented evictions and foreclosures for now, though risk remains. Hints of fraud in the commercial real estate markets could bring big losses to the Federal Reserve, which has bought CMBS.

 

Charlie Cooper

 

 

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