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MBA, other organizations write letter to Congress
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Consumer Protection, Financial Stability, Legislation
Thursday, February 18, 2021
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The Mortgage Bankers Association and 350 housing organizations sent a letter to Congress addressing additional homeowner assistance during the ongoing COVID-19 pandemic.
Their suggestions included $25 billion for direct assistance to homeowners experiencing hardships related to the crisis. The proposed amount also called for at least $100 million for housing counseling and almost $40 million for the Fair Housing Initiatives Program.
Read on for more details.
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