Groups Decry Limits on Rent Relief

Commercial Mortgage Alert, May 7, 2021–Steve Chambers
Michael Flood, who leads commercial real estate policy for the Mortgage Bankers Association, said other federal assistance “has been extremely effective in keeping people in their homes, and now we are seeing shots in arms and the economy is coming back and we’re starting to come out of this. So, what is very frustrating on the rental-assistance side is to see money given out to states and watching them struggling to get it to renters and our borrowers.”
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