What do you think will happen to bank stocks if they decide that it's better to extend the length of loans instead of collecting lump sums for missed payments?

So this foreclosure protection is resulting in alot of speculative cash returns in the form of lump payments. When the protection ends, people won't suddenly have the money for all the missed payments.

Surely instead of mass foreclosures, they will extend the length of loans for the number of missed payments. (Hopefully)

Will bank stocks be negatively impacted by the reduced short term profits from collecting lump sums?

What are the ramifications of this?

Submitted August 19, 2020 at 08:37PM by monkeykiller14 https://ift.tt/3h8XVy6