30% Failed to Make Housing Payments in June

[Johnny2X2X]

3. Help must be extended

The mistake laden jobs report for May has given legislatures the cover they need not to provide more help for people. Enhanced unemployment must be extended at least a few more months. Mortgage delays and help must be extended.

People keep talking about how we need to open the economy back up to fix things. Well the economy is open most places in this country. Even in MI we can do everything but go to concerts and gyms, so this is the economy we are now living in, 10.0%+ UE for a long haul.

The only thing that has prevented a total economic collapse is the enhanced unemployment that people are getting. Withyout that extra $600 a week, mortgage delinquencies would be absurdly high.