More than 100 members of Congress are calling on the Trump administration and the Federal Reserve to help having a hard time companies pause debt payments in a key real-estate financing market.
Much of the hotels, shopping malls and office complex that borrow cash in the approximately $550 billion market for commercial-mortgage-backed securities said they have been unable to negotiate financial obligation reprieves during the coronavirus pandemic. Some are anxious they could lose their properties to foreclosure, The Wall Street Journal reported this …
%%.
source https://jobsearchtips.net/legislators-ask-fed-to-help-services-having-a-hard-time-to-make-home-mortgage-payments/
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