Congress Acts to Prevent Balloon Mortgage Payments by Homeowners

Confusing language in the federal Cares Act makes it unclear if homeowners who suspend mortgage payments during the pandemic will have to pay the money back in one lump sum. Wall Street Journal reporter Paul Kiernan explains.
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Confusing language in the federal Cares Act makes it unclear if homeowners who suspend mortgage payments during the pandemic will have to pay the money back in one lump sum. Wall Street Journal reporter Paul Kiernan explains.

Learn more about your ad choices. Visit megaphone.fm/adchoices