By ERIN FLYNN JAY Mortgage loans have some risks, as do student loans. But the two don’t add up to a toxic combination that threatens to cause a price crash in the housing market, and trillions of dollars of damages for taxpayers to clean up. A recent WSJ opinion piece by Allysia Finley claims taxpayers are…
By CHUCK GREEN and KIMBERLEY HAAS The U.S. Supreme Court will be hearing two cases challenging the legality of President Joe Biden’s student loan forgiveness plan on Feb. 28 and The Mortgage Note is asking the question, why not mortgage debt relief when that is a bigger burden to average Americans? Mortgage balances rose by…
Americans made a dent in their debts during the pandemic, according to a new study from QuoteWizard. Analysts for QuoteWizard, an online lead generation marketplace for insurance, monitored thirty-three debt metrics between February 2020 and October 2020. They found that credit scores improved, people made more payments on their student loans, and the number in…
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