Donald Trump suspends evictions, home loan foreclosures - Trump is going FULL MAOIST

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At a White House briefing, Mr. Trump said the Department of Housing and Urban Development is providing immediate relief to renters and homeowners by suspending all foreclosures and evictions until the end of April.

President Donald Trump on March 18 ordered the suspension of evictions and mortgage foreclosures for six weeks as part of the government effort to ease the economic pain from the coronavirus pandemic.
At a White House briefing, Mr. Trump said the Department of Housing and Urban Development is providing immediate relief to renters and homeowners by suspending all foreclosures and evictions until the end of April.
No details on the announcement were immediately available.

www.thehindu.com

Coronavirus | Donald Trump suspends evictions, home loan foreclosures

At a White House briefing, Mr. Trump said the Department of Housing and Urban Development is providing immediate relief to renters and homeowners by suspending all foreclosures and evictions until the end of April.
www.thehindu.com www.thehindu.com

HUD, Fannie, Freddie suspend foreclosures, evictions during outbreak

The Department of Housing and Urban Development will be suspending foreclosures and evictions for mortgages insured by the Federal Housing Administration until the end of April, President Donald Trump announced today. A HUD source familiar with the stop said the suspension would protect 8.1 million households.

The Federal Housing Finance Agency also ordered Fannie Mae and Freddie Mac to suspend foreclosures and evictions for any single-family mortgages they back for “at least 60 days,” the agency said today.

“This foreclosure and eviction suspension allows homeowners with an enterprise-backed mortgage to stay in their homes during this national emergency,” FHFA Director Mark Calabria said in an emailed statement.

“As a reminder, borrowers affected by the coronavirus who are having difficulty paying their mortgage should reach out to their mortgage servicers as soon as possible,” Calabria added. The enterprises are working with mortgage servicers to ensure that borrowers facing hardship because of the coronavirus can get assistance.”

FHFA earlier this month had announced that the government-sponsored enterprises would provide payment forbearance — allowing mortgage payments to be suspended for up to a year — to borrowers hit by the outbreak. Fannie and Freddie also reminded mortgage servicers that hardship forbearance is an option for borrowers unable to make payments.

www.politico.com

HUD, Fannie, Freddie suspend foreclosures, evictions during outbreak

FHFA Director Mark Calabria said the suspension "allows homeowners with an enterprise-backed mortgage to stay in their homes during this national emergency."
www.politico.com www.politico.com

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First Trump was ordering for Trumpbux to be dispersed, now he is ETERNALLY BTFOing landlords. I never thought I'd see the day for Trump to go full FASHY communist. I made numerous posts about how the virus would result in a communist revolution. I'm so glad my predictions are coming true.

Donald Trump aka Lil Mao

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This isn't communist at all, but it does position Trump as further left than Joe Biden and a majority of the Democratic establishment, from Nancy Pelosi to Hillary. If he keeps this up he's pretty much guaranteed re-election.
 
Ashy the Angel said:
This isn't communist at all, but it does position Trump as further left than Joe Biden and a majority of the Democratic establishment, from Nancy Pelosi to Hillary. If he keeps this up he's pretty much guaranteed re-election.
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You're a self described "Soc-Dem". Please stop.

garakfan69 said:
Capitalism is so fragile that it completely falls apart in a small crisis?

Wtf I love communism now.
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Of course it does. It's a completely unrealistic, fantasy based economic system.
 
tuscangarder said:
It is a communist approach. It is literally taking private property rights away from land owners. You can fluff it up in your head however you like though. It won't change reality. Communism is humanitarian. That is the whole point.

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You know what's ironic? Communism supposedly gets rid of greed. However, Mao ZeBugman was fat while his fans were starving. Obesity is the epitome of greed.
 
garakfan69 said:
It transformed a dirt poor agrarian society to an industrial power house that sent a man into space and terrified the rest of the world?
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You forgot the ending.

....to 1988 when it collapsed due to LACK IF ECONOMIC STABILTY FROM LONG PERIODS OF RESHUFFLING WEALTH INTO MILITARY AND SECURITY AND IGNORING SOCIAL AND ECONOMIC INFRASTRUCTURE.

(The USSR only launched its country into the modern age from stealing western technology and acquisition of German Nazi monies and trchnology.)

Ftfy
 
Ashy the Angel said:
And yet I somehow manage to be less of an embarrassment than you. Literally every post you make is a like a parody of leftism. You're like Ben Garrison's idea of a communist
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You're not a communist at all though. You literally larp as one will being a "Soc-dem". Learn how to politic. Stop larping as a leftist. You are a liberal capitalist.
 
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