At the height of the pandemic, more than 7.2 million homeowners were in the mortgage forbearance program, which allows some borrowers to pause their payments. The economy has since posted one of the fastest recoveries in history. Now, just 1.7 million borrowers are enrolled in the forbearance program.
Read more: https://fortune.com/2021/09/05/housing-market-inventory-shock/?source=Snapzu
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