NEW YORK – On Wednesday, May 19, the Federal Reserve Bank of New York’s Liberty Street Economics blog will release a four-part series on Mortgage Forbearance in COVID-19, as part of their ongoing Economic Inequality research series. This series uses data from the New York Fed’s Consumer Credit Panel (CCP) to explore the take-up rate and characteristics of those who participated in mortgage forbearance programs, the impact on participating households and small business owners, and the outlook for the mortgage market as forbearance programs end.
Additionally, the New York Fed will host an on-the-record event for members of the press on the blog series on Wednesday, May 19 at 11 AM EDT. The event will feature a brief overview of the series’ top findings and will include an opportunity for questions after the presentation. Further event details are available here.
Members of the press who would like to join the event should contact Mariah Measey at Mariah.Measey@ny.frb.org to RSVP and receive further details.