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Top News In சிறிய வணிக நாற்காலி நதிய அல்லது Today - Breaking & Trending Today

What to Know in Washington: Biden Aims to Stem Foreclosures

July 23, 2021 7:00 AM
By Zachary Sherwood and Brandon Lee
The White House today announced plans to expand aid for mortgage borrowers who have fallen behind on payments during the coronavirus pandemic.
Enhanced assistance will be provided to homeowners with government-backed mortgages who have been negatively impacted by the pandemic, with the aim cutting some monthly payments by roughly 25%, according to a White House fact sheet.
The move is designed to more closely align options for mortgages backed by the Department of Housing and Urban Development, the USDA, and the Veteransâ Affairs Department with those offered for mortgages backed by Fannie Mae and Freddie Mac, the White House said. Read more from Kathleen Hunter. ....

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The GOP's four camps on a Trump 2024 campaign

POLITICO
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Presented by the Alzheimer’s Association
With Andrew Desiderio.
MAKING THEM DANCE: Republicans with high hopes that their party might be able to ride Donald Trump’s voter base to victory next year without all the chaos that accompanies the former president himself might be out of luck. ....

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Infrastructure talks to continue (for a bit)

Wall Street CEOs prep for Round Two — Yellen gets smacked by Dem House Chair ....

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Top House Democrat blasts Yellen for refusing to testify on PPP

Nydia Velázquez called out Janet Yellen at the beginning of a hearing focused on Covid-19 relief programs for small businesses. ....

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Biden pressed by banks to extend loan program as expiration looms

POLITICO
Biden pressed by banks to extend loan program as expiration looms
The crunch comes just days after the Biden administration unveiled new rules designed to help self-employed businesses gain access to the program and qualify for more aid.
Banks have warned that the SBA s decision to strengthen anti-fraud measures this year has introduced new delays in the application pipeline. | AP Photo/Elise Amendola
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Banks and other businesses are pressing the Biden administration and Congress to keep the government s largest small business aid program running beyond its March 31 expiration date, warning that struggling employers need more time to obtain the economic lifeline. ....

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