More importantly, it provides guidance on what we are doing wrong, which should push us back to the boardroom to re-calibrate regulatory approaches and refine program operations.
1  -2Coronavirus Aid, Relief, and Economic Security (CARES) Act emergency payments and supplemental unemployment benefits provided vital support to households in the initial stages of the crisis, and the mortgage forbearance period of up to 360 days in the Act and eviction moratoriums at the federal, state, and local level have provided vital stop-gap stability for many families.