With nearly a trillion dollars in Govt insured loans...
And unemployment benefits (+$600 hand out) are set to expire...
And a potential shut down again... preventing people from going back to work...
COULD cause those people to foreclose if they don't get continues forbearance.
30% of loans are on the edge of the cliff... either in forbearance or under paying.
If you are one of them, don't let your house go!
We saw the personal financial damage people suffered because of the impact on their credit due to foreclosure and short sales/bankruptcy. I was still seeing people finally dig out of that in 2020 because the impact could potentially stay with you for EIGHT years!
An oversight in the#CARESActis putting borrowers and the#realestatemarket at risk. Many consumers are unaware that being in#defermentis impacting their credit report, and this could cause problems in the near future. Join petition supporters: https://namb.org/page/LegislativeActionCenter#/
COVID-19 tax payment deadline is July 15, 2020.
