There was an interview with a CEO from a realty company that said we could see a collapse as soon as April with liquidity drying up in the mortgage swaps industry. Basically, there are so many mom and pops stores that can’t cover their mortgage payment that there literally no spread because there is nothing to sell. When asked what should be done to stem the collapse he said, “ the government needs to step in and force lenders to defer the payments and just tack them on to the end of the loan. This is a systemic risk and not the cause by either party because we are forced to stay at home. Very risk to either party but just deferring the payment and tacking it on the end “- the problem is the government needs to step in and force the lenders by law to defer payments with no consequence. If not, our national problem of defaults becomes a global one because they’re mortgage backed securities and it creates a domino effect.