October 19, 2020
Business News

More than 6M households missed their rent or mortgage payment in September – USA TODAY

The federal government CARES Act and various cities and banks are offering relief. Here’s what you should know.
Persistent layoffs are slowing momentum in the labor market, which bodes poorly for the broader U.S. recovery as millions of out-of-work Americans delay their mortgage and rent payments. 
More than 6 million households failed to make their rent or mortgage payments in September, according to the Mortgage Bankers Association’s Research Institute for Housing America, a sign …

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