Joe Biden Could Stop Post Pandemic Foreclosure Crisis Or Repeat Obama S Big Mistake
Now, new data suggests that had Democrats instead used their congressional majorities to deliver relief, they could have rescued hundreds of thousands of families who were thrown out of their homes—while Obama’s administration was bailing out the banks. Separate data, meanwhile, suggests that lessening the blow of the housing crisis on middle-class families may have averted Donald Trump’s narrow victory in 2016. The data offers a cautionary tale to President Biden and congressional Democrats as financial analysts warn of the possibility of a significant increase in foreclosures this year....