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The Trump administration may turn a health crisis into a housing crisis

Friday, April 10, 2020
Michael Calhoun, CRL | CNN Business Perspectives
Michael Calhoun

Congress recently did the right thing by giving Americans suffering under the economic impact of the coronavirus a big break on their mortgage payments. If you've lost your job or seen a drop in your income because of the virus, and your mortgage is backed by the government, you can get up to six months of forbearance on your mortgage. If at the end of that period you are still under financial stress, you can get six more.