Several industries are struggling severely during this pandemic. "The coronavirus crisis could lead to extensive problems for the mortgage industry." People are unemployed resulting in a loss in income, which leads to people asking for extensions on their mortgages, which results in a hefty bill along the line. People might think they are doing themselves a favor by extending it, however their checkbook might not be able to handle the volume of payments due in a couple of months. It is a vicious cycle that is difficult to keep under control, due to the fact that, if you don't have money, how are you going to pay your bills?
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https://www.cnn.com/business/live-news/dow-stock-market-today-040920/index.html
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