Mortgage Loan

Mortgage Crisis 2020 Exposed…

Mortgage Crisis 2020… It might be happening! I initially shrugged this Mortgage Crisis talk until I did some more fact digging and research. I then realize that this Mortgage Crisis might be a ticking time b*mb waiting to blow up on the economy in about 3-5 months. I hope I’m wrong because this is going to be a devastating effect on the economy and to the real estate market. So here it is… Mortgage Crisis 2020 Exposed… Enjoy!

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So what is this upcoming Mortgage Crisis 2020? Well it has to do with the current situation. With the coronavirus pandemic and the economic domino effect, a lot of people have become unemployed and thus unable to pay their mortgage payments. Consequently, the government and the banks (probably on the same team) created ways for borrowers to request forbearance. Mortgage Forbearance is basically a period of time where you don’t have to make the mortgage payments. Usually, the term “forbearance” suggests that they’re forgiving certain number of payments within a period of time.

But this time… the banks aren’t telling the entire story… You see, some banks may be giving their borrowers a mortgage forbearance but may demand that they make a lump sum payment of all the missed payments at the end of the forbearance period. Kinda like in a horror movie when you think that the bad guy is gone but really he’s waiting to make his reappearance as a surprise.

This causes some concerns as many individuals don’t have enough cash or savings to make the lump sum payment at the end of the forbearance period. Let alone, these same borrowers have lost their job and their income so how are they going to ever make any large payments? There may be a wave of foreclosures as well as short sales if people can’t make these payments.

So it’s really important when asking for a mortgage forbearance that you understand the terms as well as the consequences of getting a mortgage forbearance. Some of the “nicer” banks are allowing for the missed mortgage payments to be put on the back-end of the mortgage or give you the option to pay the lump-sum on an installment fashion.

If there’s a sudden wave of foreclosures and short sales, this can certainly put damage on the overall real estate market prices.

What do you guys think?

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The Kwak Brothers are millennial real estate investors who have acquired over 82 Units of Rental Units and have raised over $20,000,000 of capital for their real estate deals. They are based out of the Chicago-land area and they are dedicated to helping hard-working people become financially free real estate investor! They specialize in owner financing acquisition and raising capital. They are the creator of the FORCE Strategy (Find the deal, Owner Finance It, Raise the Capital, Cashflow It, and Expand your Financial Freedom)


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—DISCLAIMER— The suggestions, advice, and/or opinions that are given by Sam Kwak (The Kwak Brothers) are simply opinions. There are no guarantees of set outcomes. Listeners, guests, and attendees are advised to always consult with attorneys, accountants, and other licensed professionals when doing a real estate investment transaction. Listeners, guests, and attendees are to hold Sam Kwak, Novo Elite, Inc. and the Kwak Brothers brand harmless from any liabilities and claims. Not all deals will guarantee any profit or benefits. Listeners, guests, and attendees are to view and listen to all materials and contents furnished by the Kwak Brothers as a perspective based upon experience.



  1. What do you guys think of this potential mortgage crisis? Do you agree with my concerns?

  2. Smartie pants 🙂

  3. What is the difference between forbearence and deferment

  4. Oh yeah…it is going to be a mess!!! I watched another video today where the gentleman called his bank in the video. It's exactly what you're saying and they said at the end of the six-month forbearance they were giving him based on his income he may be able to turn that 6 months into deferred payments instead followed by the voice on the phone saying but we will be making that decision. Meaning the bank. In other words if they decide you make enough money you're on the hook! No way I would even think about doing this. You will destroy your credit, they will take it out of your paycheck, it's just a bad idea unless you can get it completely deferred to the end of your loan.

  5. “We might have written a scary title to get your views and be on the verge of every thing collapsing, BUT BE SURE TO SMASH THAT LIKE BUTTON”👍🏻 …. 🙄

  6. they won’t be able to demand 4 payments at once! that’s insane. 🤯

  7. I actually do want to see it I was actually waiting

  8. cool video it was really entertaining

  9. nice content keep it up bro

  10. My dude!!!


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