The feet of people standing in line, behind social distancing markers on the floor.

CFI COVID-19 Survey of Consumers – Wave 7

This report shares results from Wave 7 of a national survey of consumers investigating the effects of COVID-19 on renters and mortgage holders, with updates to previous data on job and income loss and financial security.

Featured Work

Mortgage Markets

Working Paper

Inequality in the Time of COVID-19: Evidence from Mortgage Delinquency and Forbearance

WP 21-09 – Using a novel database that combines mortgage servicing records, credit-bureau data, and loan application information, we show that lower-income and minority borrowers have significantly higher nonpayment rates during the COVID-19 pandemic, even after controlling for conventional risk factors.

Mortgage Markets

Working Paper

Eviction Risk of Rental Housing: Does It Matter How Your Landlord Finances the Property?

WP 21-05 – We show, using a stylized model, how the financing choice of landlords can impact eviction decisions in rental markets.

Mortgage Markets

Working Paper

Mortgage Loss Severities: What Keeps Them So High?

WP 20-37 - Mortgage loss-given-default (LGD) increased significantly when house prices plummeted during the financial crisis, but it has remained over 40 percent in recent years, despite a strong housing recovery.