KING: Fresh evidence today of the devastating coronavirus economic impact. Mortgage delinquencies. People now more than 30 days late on their payments of mortgages at the highest level since 2011. But the rate at which people fall behind may be leveling off some. Here's CNN's Christine Romans.</s>CHRISTINE ROMANS, CNN CHIEF BUSINESS CORRESPONDENT: John, millions of Americans have stopped paying their mortgages, the most since 2011. New data from Black Knight shows mortgage delinquencies rose 20 percent in May. And 4.3 million homeowners are now either 30 days past day or in active foreclosure. Serious delinquencies, homeowners who are 90 days or more past due, that serious delinquency number jumped 50 percent over the past two months.
Mortgage Delinquencies Hit Highest Level Since 2011.