Rep. Ilhan Omar (D-Minn.) brought the Rent and Mortgage Cancellation Act forward for a second time.
The measure would cancel debt for renters and homeowners, as well as shield their credit ratings.
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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.
Estimated reading time: 0 minutes, 19 seconds
House Bill Aims to Cancel Mortgage Payments Amid Pandemic
Legislation has been reintroduced in Congress seeking to ensure rent and mortgage payments are fully given until the pandemic is over. So reports The Hill.
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