“This is going to make it harder for community groups to engage in the process,” said Jesse Van Tol, CEO of the National Community Reinvestment Coalition. “These are substantial changes that are being presented as a technical update, with almost none of those changes being advertised. So yeah — it’s sort of a stealth maneuver.”
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According to Jesse Van Tol, the CEO of the National Community Reinvestment Coalition, a blanket national halt to evictions and foreclosures would help policymakers get ahead of any uptick in delinquencies and defaults, preventing the government form “reacting to it and playing catch-up,” he told American Banker.