# biden mortgage plan

Supreme Court blocks student loan forgiveness plan, dealing blow to Biden » In a 6-3 decision​, the court's conservative majority found that federal law does not authorize the program to wipe out nearly half-a-trillion dollars in debt. Cbsnews.com

Federal Housing Administration Adds 40-Year Mortgage Modification with Partial Claim to Home Retention Options for Struggling Borrowers » HUD No. 22-070 HUD Public Affairs (202) 708-0685 FOR RELEASE Monday April 18, 2022 FEDERAL HOUSING ADMINISTRATION ADDS 40-YEAR MORTGAGE MODIFICATION WITH PARTIAL CLAIM TO HOME RETENTION OPTIONS FOR STRUGGLING BORROWERS Addition to loss mitigation home retention options allows servicers to assist additional FHA forward mortgage borrowers who are behind on mortgage payments due to COVID-19. Hud.gov

Explainer: How Biden's student loan forgiveness will impact U.S. consumers » President Joe Biden announced on Wednesday a long-awaited plan to cancel billions of dollars in student debt, making good on a campaign promise to aid debt-strapped younger Americans even as some Republicans argue the move could worsen inflation. Reuters.com

Legal losses keep coming for Biden's student loan relief plan » The 5th Circuit Court rejected a Education Department appeal on Wednesday, the latest setback in several parallel lawsuits. The administration is expected to ask the Supreme Court to weigh in. Npr.org

Biden has a backup plan for student debt relief. Here's how it works. » The proposal comes as the Biden administration's plan to forgive up to $20,000 in student debt remains in limbo. Cbsnews.com

Washington Update: June 2023 » Washington Update is a monthly newsletter written by Powers Higher Education Specialist Sharon Bob that summarizes the latest Congressional and Department of Education updates in education policy. Click here for a PDF. President… Powerslaw.com

Will Biden's student loan plan hold up in court? » President Joe Biden and his administration are defending the legality of the student loan relief plan. Abcnews.go.com

360,000 student loan borrowers received $24 billion in forgiveness from fix to Public Service Loan Forgiveness » The Biden administration's fix to the Public Service Loan Forgiveness program has benefited hundreds of thousands of borrowers. More relief is on the way. Cnbc.com