Many homeowners and renters continue to fall behind on monthly payments during the COVID-19 pandemic, and now there’s a renewed push to ensure they don’t lose their homes or get evicted. Maryland has one of the highest foreclosure rates in the country, according to Sen. Chris Van Hollen, who is hopeful that states will get more help addressing housing issues in President Joe Biden’s $1.9-trillion pandemic-relief package working its way through Congress. Speaking with state lawmakers during a virtual meeting on Tuesday, the Democrat noted that by the end of last year, the delinquency rate on residential properties was 8.8%.
Homeowners, renters in Md. struggling with payments during pandemic
February 17, 2021