Housing market faces its next crisis as May rent and mortgages come due
For 13 years, Danny Catalanotto paid the more-than-$ 2,000 mortgage on his Bowie, Maryland, home on time every month. When work as a church organist dried up in mid-March, Catalanotto says, he expected his mortgage company to offer help. Instead, a large Texas-based mortgage company called Mr. Cooper said Catalanotto could defer his monthly payments but […]
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