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CARES Act Likely to Blunt Mortgage Delinquency Rate Increase


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; COVID-19; Banking;

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File(s): File format is text/html https://www.dallasfed.org/research/economics/2020/0526
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Provider: Federal Reserve Bank of Dallas

Source: Dallas Fed Economics

Publication Date: 2020-05-26