Coronavirus fallout: More homeowners delaying mortgage payments

By John Gittelsohn, Bloomberg
About 7.3% of U.S. mortgages entered forbearance plans in April, providing temporary relief to more than 3.8 million borrowers who have lost income during the coronavirus pandemic.
The loans have $841 billion in unpaid principal balance, up almost 12% from a week earlier, according to figures released Friday by Black Knight, a mortgage information service based in Jacksonville, Florida.
Requests for payment relief are expected to soar as businesses remain shuttered