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Tag Archives: Mortgage

Consumer Bureau Proposes A Ban On Foreclosures Until 2022

The Consumer Financial Protection Bureau is planning on banning foreclosures until 2022. According to the bureau, 3 million households are behind on their mortgage payments and almost 1.7 million will run out of their forbearance periods in September. “We are at really an unusual point in history,” Diane Thompson, a …

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CDC Has Extended National Eviction Ban Through June 30

The Centers for Disease Control and Prevention is extending the national eviction ban through June 30. “The COVID-19 pandemic has presented a historic threat to the nation’s public health,” Dr. Rochelle Walensky, CDC Director, said. “Keeping people in their homes and out of crowded or congregate settings — like homeless …

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Evanston, Illinois Is Offering Black Residents Reparations

Evanston, Illinois is paying reparations to Black residents for harm caused by the city’s discriminatory housing policies and practices. It is the first time that a city in the United States has established a reparations program. “The program is a step towards revitalizing, preserving, and stabilizing Black/African-American owner-occupied homes in …

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