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FinTech Rising

Reports at the intersection of money, banking, securities, and payments with digital technologies

evictions

An Approaching Crisis in Consumer Lending

February 27, 2021 by FinTechRising

The past year’s been tumultuous for consumer loans – while almost every sector of the economy has been impacted in some way, federal moratoria on foreclosures and evictions in combination with mortgage forbearances have put a huge piece of consumer loan servicing on an indefinite hold, as deadlines have shifted from initial positions at the end of February to the end of June, … [Read more...] about An Approaching Crisis in Consumer Lending

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