Category: mortgage relief

California Launches COVID-19 Mortgage Relief Program, Accepting Applications

SACRAMENTO, Calif.—California’s new $1 billion mortgage relief program is now accepting applications, state officials announced during a press conference on Jan. 5. The relief program can provide up to $80,000 per household in direct payments to mortgage providers to help homeowners who have fallen behind on their mortgage payments as a direct result of the…


NTD Business Full Broadcast (Feb. 16)

Biden extends help for struggling homeowners, and NTD brings you the latest on the housing market from the National Association of Realtors. From the Big Apple to the Sunshine State — One congressman made the move years ago, now he wants businesses to do the same. You don’t have to be a millionaire to bank…


Biden Administration Extends Mortgage and Foreclosure Relief for Homeowners

The Biden administration extended the mortgage relief and foreclosure ban programs through the end of June 2021 to help prevent people from losing their homes during the pandemic. “The COVID-19 pandemic has triggered a housing affordability crisis,” a Feb. 16 written statement by the White House says, with a recent study by the Center on Budget…