Strong Equity Stakes Alone May Not Be Enough to Stave Off Foreclosure Starts
But Will Reduce Inflow of Distressed Properties Into Housing Market — Though Black Knight research shows just 7% of homeowners in forbearance have less than 10% equity after including 18 months of deferred payments, the potential for foreclosure activity persists regardless — While homeowners with limited equity were much more likely to be referred to foreclosure during the early stages of the Great Recession, foreclosure start rates on 120+ day
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