
Feds propose banning foreclosures across U.S. until 2022
CBSN
With millions of U.S. homeowners behind on their mortgages after the coronvirus pandemic slammed the economy, the Consumer Financial Protection Bureau is proposing banning foreclosures until next year.
Many families face the risk of foreclosure when federal emergency protections expire, the CFPB stated in announcing proposed rule changes on Monday. The count of homeowners behind on their mortgages has doubled since the start of the pandemic, with 6% of mortgages delinquent as of December and more homeowners behind on their house payments than at any time since 2010, the peak of the Great Recession, the agency noted. "We've seen a shocking increase in housing insecurity, with millions living precariously and months behind on mortgages or rent," acting CFPB Director Dave Uejio said in a news conference.
A partial verdict has been reached in Sean "Diddy" Combs' federal sex trafficking and racketeering trial in New York City. The jury sent a note to the judge Tuesday afternoon saying it has reached a verdict on four of the five counts, but jurors said they were unable to agree on count 1, racketeering conspiracy. The note indicated there are jurors with unpersuadable opinions on that charge.

Washington — A federal judge in Rhode Island has blocked the Department of Health and Human Services from implementing mass layoffs and overhauling some of its sub-agencies, finding there to be "no rational basis" for the Trump administration's reorganization plans that would have "devastating consequences" across the country if enacted.