Susan Wachter of the Wharton School spoke about the possibility of mass defaults on home mortgages due to the pandemic. “This is an unprecedented event,” she said. “The great financial crisis happened over a number of years. This is happening in a matter of months--a matter of weeks.”
https://www.bloomberg.com/news/articles/2020-04-02/home-lenders-brace-for-up-to-15-million-u-s-mortgage-defaults Bloomberg