Iowa Bankers Association Iowa Bankers Insurance & Services, Inc.
Iowa Bankers Association
8800 NW 62nd Avenue
Johnston, IA 50131
Toll-Free: 800-532-1423
Local: 515-286-4300
Fax: 515-280-4140

Will GOP Plan to Slash Unemployment Trigger Wave o

:Will GOP Plan to Slash Unemployment Trigger Wave of Loan Defaults?

It is something we’ve been concerned about,” said Bill Kilmer, senior vice president for legislative and political affairs at the Mortgage Bankers Association. “We believe that all the evidence points to the fact that the income supports that were put in place by the CARES Act, whether that was the first wave of stimulus checks, or certainly the altered unemployment insurance benefits have helped people continue making mortgage payments.”

 

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