Real Estate News Brief: $3 Trillion Stimulus Bill, Surge in Mortgage Requests, $100 Surprise for a Landlord
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Summary: In this Real Estate News Brief for the week ending May 16th, 2020... a $3-trillion relief bill that will help landlords, a new surge in mortgage applications, and a heart-warming rent payment story out of St. Louis. We begin with economic news from this past week, and House approval of a $3-trillion relief package that includes $100 billion for a national rental assistance program and $75 billion in mortgage relief for multi-family landlords. It also provides another round of stimulus checks...