Mortgage Industry Adapts to Rising Interest Rates The U.S. mortgage industry is adapting to rising interest rates, transforming lending strategies, and borrower behaviors. This article explores the implications for lenders and borrowers, offering insights into new trends and strategies.

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Biden Calls for Extending Foreclosure Moratorium in Relief Plan

Friday, Jan 15 2021
Lending
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President-elect Joe Biden has urged continuing moratoriums on eviction and foreclosure on government-backed mortgages to September 30 as part of his $1.9 trillion coronavirus relief plan. So reports MarketWatch.

Biden also called for additional stimulus checks of $1,400 and money for COVID-19 vaccine distribution, which he called so far “a dismal failure.”

“I know what I’ve just described does not come cheaply, but a failure to do so will cost us dearly,” Biden said.

Read the full article from MarketWatch. 

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