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Almost 10% of American households are at risk of losing housing during pandemic, according to new report

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A new report by the Consumer Financial Protection Bureau highlighted that 11 million American families are at risk of eviction or foreclosure due to financial strain from the coronavirus pandemic.

That means that almost 10% of American households are at risk, according to the report. In its analysis of the housing market during the pandemic, CFPB added that around 2.1 million families are at least three months late on mortgage payments, while 8.8 million renters are late on rent.

The report also mentioned that as forbearance and eviction moratoriums expire across states and federally, the crises details ⇒

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