U.S. Mortgage Lenders And Homebuilders React Constructively to $2 Trillion Stimulus Package
Ali Ata reports that the chairman of the National Association of Home Builders (NAHB), Dean Mon, has released a statement with regards to the Senate passage of a $2 trillion stimulus package to fight the Coronavirus pandemic. A critical step It states how the Senate has taken a critical step to help American businesses and families who have suffered financial hardships because of the Coronavirus outbreak, how the economic package contains provisions to aid small businesses, which includes home building firms to stay open and meet their wage requirements. It also talks about how the package provides much-needed cash to families to help pay their mortgage during this economic hit. Ali Ata notes that the House must act swiftly to pass the bill and get the president's signature on it. More work The statement highlights the pandemic's effects on the homebuilding sector , which requires more action. It promises that NAHB will carry on work with Congre...