What is Donald Trump’s plan for this recession? John Iadarola breaks it down on The Damage Report. Follow The Damage Report on Facebook: https://www.facebook.com/TheDamageReportTYT/
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Read more here: https://www.politico.com/news/2020/03/18/hud-suspends-foreclosures-evictions-coronavirus-135783
"President Donald Trump said Wednesday the Department of Housing and Urban Development will suspend foreclosures and evictions for mortgages insured by the Federal Housing Administration until the end of April, a move that will affect about 8.1 million mortgages.
The Federal Housing Finance Agency also ordered Fannie Mae and Freddie Mac, the companies behind about half of the nation’s $11 trillion mortgage market, to suspend foreclosures and evictions for any single-family mortgages they back for “at least 60 days,” the agency said."
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