21-05-2020 23:07 via ocregister.com

Wraparound mortgages can help home sellers boost their prices

April numbers are beyond horrifying.
An astounding 3.6 million homeowners were past due in April, an increase of 1.6 million since March. At 6.5% of all borrowers, April national delinquency rates nearly doubled compared to March data.
This is the largest single-month jump ever recorded, and it’s nearly three times the previous monthly record set back in 2008, according to Black Knight.
Back in the Great Recession, many borrowers saw their credit get wrecked through no fault of their own a
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