Biden Extends Moratorium on Foreclosures, Mortgage Payment Deferrals
The pause for foreclosures and for applications for mortgage payment forbearance runs through June 30.
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Schneider points out that the risk is materializing due to the expiration of unlimited Federal Deposit Insurance Corporation (FDIC) insurance on demand deposits, which is set to expire on Dec. 31.
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The pause for foreclosures and for applications for mortgage payment forbearance runs through June 30.
Warren Buffett says the nation “owes it” to millions of small businesses to renew the PPP and “get us to the end of the tunnel.”
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