Re:U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Rec...
by qqqwerty on Wednesday April 29, 2020 @02:09PM
(#23022272)
I wouldn't count on it. The mortgage market is divided between conventional and jumbo loans[1]. Any bail outs will likely focus on conventional mortgages. The current administration seems to relish in screwing over blue states, and the house of representatives has a long list of negotiating priorities. They might be able to negotiate the SALT limits, but I don't see jumbo loan bail outs making the cut.
[1] https://www.washingtonpost.com/business/on-small-business/we...