DiscoverWSJ Your Money BriefingCongress Acts to Prevent Balloon Mortgage Payments by Homeowners
Congress Acts to Prevent Balloon Mortgage Payments by Homeowners

Congress Acts to Prevent Balloon Mortgage Payments by Homeowners

Update: 2020-05-041
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Confusing language in the federal Cares Act makes it unclear if homeowners who suspend mortgage payments during the pandemic will have to pay the money back in one lump sum. Wall Street Journal reporter Paul Kiernan explains.

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Congress Acts to Prevent Balloon Mortgage Payments by Homeowners

Congress Acts to Prevent Balloon Mortgage Payments by Homeowners

The Wall Street Journal