When someone wants to buy a house, the cost is usually too great to pay cash out of pocket. Because of this, the buyer will get a home loan called a mortgage to pay for it over time. To get a mortgage, the buyer enters into a legally binding agreement with a lender;...
The coronavirus and consequent disease of COVID-19 became a pandemic, causing millions of people to have reduced work hours or lose their jobs completely. As a result, many have been unable to pay their home mortgages. In March 2020, in response to the pandemic, the...
