Housing insecurity and the COVID-19 pandemic (report)

The record

Jurisdiction

United States

Level

Federal

Authority

Report (facts and circumstances)

Issued

2021-03-01 Mar. 1, 2021

Effective

n/a (read as 2021-03-01)

End

n/a

In force

Mar. 1, 2021 (no end date recorded; counted as in force for 120 days)

Limitation types

Other

Functions reached

• SV
• CB

Collection

Financial Services SEC-13

Operative words

11 million renter and homeowner households were significantly overdue on their regular housing payments as of December 2020... The number of homeowners behind on their mortgage has doubled since the beginning of the pandemic--six percent of mortgages were delinquent as of December 2020, up from three percent in March 2020. Most of the delinquent loans, 2.1 million borrowers, were more than three months behind on payment... [more than 2 million borrowers in forbearance; an estimated 8.8 million renter households were behind on their rental payments]

Enforcement

Notes