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Forbearance programs helped stave off a foreclosure crisis during the pandemic. COVID-era forbearance programs are mostly over, but 110,000 borrowers still were on pause as of early 2024.
Forclosure is never a good sign — back in 2008 and 2009, it was a stark symbol of the Great Recession. This current data set shows a 7% increase from April, but twice that much from 2022, with ...
A foreclosure occurs when a lender takes control over a property from a borrower for failing to make timely payments. A foreclosure can damage your credit score and result in loss of property. As ...
The Biden administration issued a new eviction moratorium on August 3, 2021, intended to last until October 3. [b] [7] It was applicable to counties with substantial or high transmission rates of COVID-19. On August 26, the Supreme Court struck down the moratorium. [c] [8]
The COVID-19 pandemic was confirmed to have reached the U.S. state of Nevada on March 5, 2020. Because of concerns about coronavirus disease 2019 ( COVID-19 ), Nevada governor Steve Sisolak declared a state of emergency on March 12, 2020. Four days later, Nevada reported its first death. On March 17, 2020, Sisolak ordered the closure of non ...
The American Rescue Plan Act of 2021, also called the COVID-19 Stimulus Package or American Rescue Plan, is a US$1.9 trillion economic stimulus bill passed by the 117th United States Congress and signed into law by President Joe Biden on March 11, 2021, to speed up the country's recovery from the economic and health effects of the COVID-19 pandemic and recession.
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