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Some concerned Biden administration extension of foreclosure moratorium to June 30 is not enough
Read full article: Some concerned Biden administration extension of foreclosure moratorium to June 30 is not enoughDETROIT – “It definitely, you know, helps address or prevent a kind of immediate catastrophe. However, it still leaves a lot to be desired. Detroit Will Breathe has been fighting to stop evictions throughout the pandemic and points out this extension only applies to government-backed mortgages. “It’s just another way that black and brown working class people are disproportionately affected by the crises of capitalism in the global pandemic,” said Taylor. The Biden administration estimates the extension will benefit 2.7 million homeowners and extend forbearance options for nearly 11 million government backed mortgages.