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April saw the biggest one-month jump in U.S. home loan delinquencies ever.
And getting a mortgage is harder, too.
Lenders are tightening credit standards as funding dries up.
The Mortgage Brokers Association expects the number of home loans in forbearance to increase rapidly.
Los Angeles mortgage broker Vivian Gueler is expecting a drop in the value of real estate.
Renters could also get a break if their landlords seek assistance.
2019 started out on a down note, with 30-year mortgage rates having spiked just below 5%.
Even as retail sales growth is showing signs of stalling, consumers are continuing to borrow.
Some 40% of home sales may no longer require appraisals.
A new report says banks are selling mortgages at risk of natural disaster-related default to government-backed mortgage giants.