• SoupBrick@pawb.social
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    22 hours ago

    These delinquency rates are “more consistent with an economy in recession than one still in expansion,” FICO said, adding that mortgage and home equity loan delinquency rates are still near historic lows.

    • HubertManne@piefed.social
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      22 hours ago

      I have heard banks have been bending over backwards to allow people to keep up to date on their loans though.

      • Gerudo@lemmy.zip
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        19 hours ago

        They aren’t. I recently went through fucking hell with my mortgage company trying to figure out a plan to stay, or even just stay until the house sold. They drug their feet and were so incompetent during the whole process and were zero help.