(Joe Hoft) The Soros-backed Baltimore State’s Attorney Marilyn Mosby has been indicted on federal charges of perjury and filing a false mortgage application.
mortgage
Video: Conservative Ezra Levant Denied Mortgage Due to Political Views
(Jim Hoft) Ezra Levant is the founder of the popular Canadian conservative news website Rebel News.
WARNING: A Future US Digital Currency Might Give the FED the Power to Approve Your Mortgage Based on Factors Other than Credit Worthiness
(Joe Hoft) The US and almost all countries are moving towards the implementation of digital currencies. With this comes concerns related to privacy and government and political overreach and discrimination.
Rent and Mortgage Payments to Be Cancelled under Ilhan Omar’s Reintroduced Bill
(Hannah Nightingale) The Rent and Mortgage Cancellation Act, which looks to cancel rent and mortgage payments throughout the duration of the coronavirus pandemic, has been reintroduced to Congress by Representative Ilhan Omar.
Delinquent FHA Mortgages Soar By Record 60% To All Time High, As Homeowner Budgets Implode
(Activist Post) Last month we quoted from Wolf Richter to remind readers of something we discussed several months ago when we went over the details of the forbearance process and why so many banks have chosen to use it instead of rushing to admit their balance sheets are hammered with a record surge in delinquencies and defaults. As a reminder, “mortgages that are in forbearance and have not missed a payment before going into forbearance don’t count as delinquent. They’re reported as ‘current.’ And 8.2% of all mortgages in the US, some 4.1 million loans, are currently in forbearance according to the Mortgage Bankers Association. But if they did not miss a payment before entering forbearance, they don’t count in the suddenly spiking delinquency data.”
Britain’s Housing Market Freezes As Wave Of Delayed Mortgage Payments Looms
(Zero Hedge) One of the more unorthodox measures implemented by No. 10 Downing Street when it placed the entire UK on lockdown earlier this week was a virtual freeze of the country’s housing market. For nearly a week now, the housing market across the country has ground to a halt as agents have been prohibited from marketing new homes.
Five Major Banks Won’t Collect Mortgage Payments From Those Affected By Coronavirus Quarantine, Gov. Gavin Newsom Announces
(Ashe Schow) California Gov. Gavin Newsom announced Wednesday that five major U.S. banks will temporarily suspend home mortgage payments for people who have been affected by the coronavirus quarantine.