埃森哲：COVID9对抵押贷款人的影响及未来计划-埃森哲（英文版）（14页）.pdf

1、NOWNEXTCOVID-19:WhattoDoNow,WhattoDoNext COVID-19: IMPLICATIONS AND NEXT STEPS FOR LENDERS A bad situation, likely to get worse. Many consumer households are facing financial hardship as a result of the coronavirus outbreak. Millions are now experiencing the realities of unemployment and millions mo

2、re are likely to experience the same in the coming months. While some will receive relief in the form of unemployment insurance, in most cases it will not be enough to cover basic living expenses including mortgage payments. To lessen the blow to families, small businesses and the financial services

3、 industry in the US, Congress on 27 March passed the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act). The implications for the mortgage industry are substantial. 2COVID-19: Implications and next steps for lenders Millions of homeowners will likely be adversely impacted by COVID-19

4、. Before the pandemic the delinquency rate in the US was about 3.5 percent. Now economists are forecasting that as many as 30 percent of Americans with home mortgages, or 15 million households, could need assistance in the form of a forbearance or modification1. As a result, federally-backed mortgag

5、e programs (FNMA, Freddie, FHA, VA, USDA) are introducing forbearance and payment deferment that will provide immediate relief to homeowners with mortgages insured under their programs. Borrowers will be permitted to request 180-day forbearance with the option to extend it by an additional 180 days2

6、. 30% of Americans with home loans could need assistance in the form of forbearance or modification. 3COVID-19: Implications and next steps for lenders The impact of COVID-19 and the intervention of the federal government will have far-reaching implications for loan servicers. We see this happening