In today’s Daily Download episode, HousingWire covers a report from the Mortgage Bankers Association’s Research Institute for Housing America that indicates in the second quarter of 2020, close to 11 million households fell behind on their rent or mortgages. Additionally, the report found that the COVID-19 pandemic may have negative impacts on Millennial homeownership. For some background on the story, here’s a summary of the article:In the second quarter of 2020 nearly 11 million households fell behind on their rent or mortgages – however nearly triple that number, approximately 30 million individuals, missed at least one student loan payment, according to a recent report from the Mortgage Bankers Association’s Research Institute for Housing America.The data compiled from the Understanding America Study was the result of a panel survey tailored to study the impact of the pandemic specifically on mortgagors, renters and student loan borrowers.According to the survey, evidence suggests that student debt is affecting housing-market behavior, in particular, how rising student debt burdens may have crowded out first-time-home purchases among Millennials.Every additional $1,000 of student debt lowers the homeownership rate by approximately 2% – a sizeable effect, according to the report. This bolsters the findings of other studies, including a 2017 study by the National Association of Realtors where more than 75% of respondents with student loans said their educational debt impacted their decision to purchase a home.Following the main story, HousingWire also discusses the nation’s number one loan originator Shant Banosian becoming Guaranteed Rates’s first loan officer to fund $1 billion in loan volume in one year and Keller Williams’ recent vote to add a Diversity, Equity and Inclusion Committee to its’ leadership council. The Daily Download examines the most compelling articles reported from the HousingWire newsroom. Each afternoon, we provide our listeners with a deeper look into the stories coming across our newsroom that are helping Move Markets Forward. Hosted by the HW team and produced by Alcynna Lloyd and Victoria Wickham.HousingWire articles covered in this episode:MBA: 11 million households fell behind on rent or mortgages in second quarterShant Banosian becomes Guaranteed Rate's first LO to originate $1 billionKeller Williams adds Diversity, Equity and Inclusion Committee to leadership council