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CARES Act Likely to Blunt Mortgage Delinquency Rate Increase

Xiaoqing Zhou

Dallas Fed Economics from Federal Reserve Bank of Dallas

Abstract: Household survey data and recent unemployment forecasts provide a basis for estimating the share of mortgage borrowers that—absent the CARES Act—would have missed a mortgage payment due to the economic shutdown.

Keywords: Economic Conditions; Banking; COVID-19 (search for similar items in EconPapers)
Date: 2020-05-26
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Persistent link: https://EconPapers.repec.org/RePEc:fip:d00001:88100

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