Senator Ilhan Omar Introduces New Bill To Cancel Mortgages As COVID-19 Rages. Will It Work? (Mindset)

Greetings, and welcome back everyone! Today, we're going to revisit the idea of mortgage relief during the coronavirus pandemic, but this week, we'll be reviewing Minnesota Senator Ilhan Omar's proposed bill to cancel rent and mortgage payments. To reiterate the need for such relief at this point would be redundant, but it's our duty as foreclosure investors to understand the effect government policies have on the real estate market. and how those policies can impact the flow of deals and establish new industry standards.

Check out Donny's breakdown of the current events and reach out to us with your opinions on what you think would be helpful legislation or industry developments going forward.

Here's a link to the article Donny mentioned in today's episode:
Ilhan Omar Introduces Bill To Cancel Rent, Mortgage Payments During Coronavirus Pandemic