Racing to Head Off Evictions and Foreclosures
New York Times, Mar. 19, 2020–Conor Dougherty, Matthew Goldstein, Emily Flitter
Members of the Mortgage Bankers Association, a trade group, and other housing-industry figures began telling White House officials this week that the home lending system was on the verge of a crisis that the government needed to head off. They said many homeowners couldn’t miss one or two paychecks before defaulting on their mortgages.