The W$J reports
“About one million homeowners have fallen through the safety net Congress set up … to protect borrowers from losing their homes, according to industry data, potentially leaving them vulnerable to foreclosure and eviction.”
One million households is a lot more than one million people. It seems obvious, but worth noting.
“Homeowners with federally guaranteed mortgages can skip monthly payments for as long as a year without penalty and make them up later. Many people have instead fallen behind on their payments, digging themselves into a deepening financial hole through accumulated missed payments and late fees.”
This on-coming Trump Depression is going to be a merde-show. It’s already starting, and we are totally eff’ed in the dark.