Fed just responded to the crisis! Investing & Negotiating, use 32% off code ?? ?,?MoneyFromHome?? ?,? expires 4-30-2020 https://metkevin.com/program ??? Life: https://metkevin.com/ladder ??'?Free Stocks: https://metkevin.com/webull??? ??? Get the Life Insurance Kevin Has in 5 Minutes: https://metkevin.com/ladder ??? ??? ??"???"?3d Camera Kevin Uses (Save Sales Tax): https://metkevin.com/3dcamera????M1Finance for Checking & Easy Stocks ???? https://metkevin.com/m1??>??,?Kevin's Amazon Recommendations (Books, Gear, Etc.): https://metkevin.com/Gear?oe...?? ??,?Learn from Kevin?? ??,??oe...????Real Estate Investing From $0 to Millionaire: https://metkevin.com/invest???uReal Estate Sales from $0 to $500k+ in Income: https://metkevin.com/Sales??'?Money, Stocks, Wealth, & Happiness: https://metkevin.com/money????DIY Property Management, Rental Renovations, & Asset Protection: https://metkevin.com/DIY????Livestreams: Every Morning 9am (when market is open). Join here: https://metkevin.com/live??"? Discord??"? https://metkevin.com/discordCoupon Code expiring 4-30-2020: MoneyFromHome.?? ?,??? ?,??? ?,?#MortgageCrisis #Housing #Sub2MeetKevin?? ?,??? ?,??? ?,?As of April 12, 2020 5.95% of homeowners have entered into mortgage forbearance agreements. Many of their credit is being destroyed thanks to notes on credit Reports such as "account in forbearance." While housing sales volumes and housing starts are substantially down, real estate prices have been relatively flat comparing today to January.However the Federal Reserve Bank of Richmond says, without intervention, we might see real estate price declines of 15% through 2025 and losses in mortgages between 420 billion to 1.1 trillion. That, proportionately, would wipe out 6-24 months of JPM Chase's profit. Short JPM? Geez!Fortunately the government is responding. The FHFA is stepping in to stop losses that mortgage services are experiencing (4-month limit) and Fannie Mae and Freddie Mac are exploring the idea of entering the real estate market as buyers. The consequence of this real estate bailout might be loosening mortgage standards, back from their tighter status, and fills the void of buyers.??"?Contact Kevin??"?Course Questions & Bundles ?oe??,? Email Kevin@MeetKevin.comDAILY Livestreams ??"? https://metkevin.com/liveKevin is here Regularly ??"?https://metkevin.com/discordDownload Kevin's Course ??? https://metkevin.com/program??-??-??-??-??-??-??-??-??-??-??-??-??-??-??-??-??-??-??-??-??-??-??-????????????????DISCLAIMER???????????????????I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a Youtube video for entertainment purposes ONLY. IF stocks or companies are mentioned, Kevin MAY have an ownership interest in them -- DO NOT make buying or selling decisions based on Kevin's videos. If you need advice, please contact a qualified CPA, attorney, insurance agent, contractor/electrician/engineer/etc. financial advisor, or the appropriate professional for the subject you would like help with. Linked items may create a financial benefit for Meet Kevin (R). Any use of other media is by fair-use or license only. The Paffrath Organization is a licensed real estate brokerage doing business as Meet Kevin (R) in California under DRE #02032575. This is not an advertisement of property for sale. Any mention of properties listed or sale or otherwise shall not be construed as anything other than an opinion for entertainment purposes only.Trademarked Slogans (NO use without written permission and license):?>"?,?Meet Kevin (R)?>"?,?No-Pressure Agent (R)?>"?,?Providing More (R)