![10% of American families at risk of foreclosure, eviction during pandemic](https://static.foxnews.com/foxnews.com/content/uploads/2021/03/iStock-464679022.jpg)
10% of American families at risk of foreclosure, eviction during pandemic
Fox News
Nearly 2.1 million American families are at least three months behind on mortgage payments due to pandemic-related financial hardships while 8.8 million Americans are late on paying rent, according to the Consumer Financial Protection Bureau.
The CFPB analyzed the housing market during the COVID-19 crisis and found nearly 2.1 million families are at least three months behind on mortgage payments while 8.8 million Americans are late on paying rent. What’s more, homeowners are slated to owe nearly $90 billion in missed payments collectively – a historic record since the Great Recession, the last time this staggering number of families were behind on mortgage payments, according to the report.More Related News