What’s Next for Forborne Borrowers?

Andrew Haughwout, Donghoon Lee, Joelle Scally and Wilbert van der Klaauw

No 20210519d, Liberty Street Economics from Federal Reserve Bank of New York

Abstract: We’ve spent the first three posts of this series discussing who has entered mortgage forbearance, and how their personal finances have developed during the course of the pandemic. In this fourth and final post, we will use Consumer Credit Panel (CCP) data to examine the profiles of those who remain in forbearance and those who have exited, and how the performance of household credit may evolve as the force of the pandemic begins to ebb and the economy reopens and normalizes.

Keywords: household finances; mortgages; COVID-19; CCP; Consumer Credit Panel (search for similar items in EconPapers)
JEL-codes: D14 (search for similar items in EconPapers)
Date: 2021-05-19
New Economics Papers: this item is included in nep-ure
References: Add references at CitEc
Citations:

Downloads: (external link)
https://libertystreeteconomics.newyorkfed.org/2021 ... borne-borrowers.html Full text (text/html)
https://www.youtube.com/watch?v=9mqXTXPIS-8 Press briefing (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fednls:91821

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in Liberty Street Economics from Federal Reserve Bank of New York Contact information at EDIRC.
Bibliographic data for series maintained by Gabriella Bucciarelli ().