Tag: Congress
The Great Recession is nearly gone from our collective memory. But for the people who lost a house to foreclosure in the subprime mortgage scam, the recession is still affecting their finances. The house is typically a worker’s largest asset. But 15 years after the foreclosure wave, the homeownership rate for the victims of foreclosur…
Now that COVID is fading, researchers looking back on the financial assistance passed by Congress during the pandemic are concluding that it helped millions of Americans get through a time of unprecedented distress. That the assistance would be adequate was not obvious in the midst of the economic turmoil in 2020 as COVID unfolded…
