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personal-finance-daily:-the-share-of-americans-skipping-their-mortgage-payments-falls-to-lowest-level-in-two-months-and-a-$5-billion-‘shadow-debt’-market-is-helping-keep-for-profit-colleges-afloat
personal-finance-daily:-the-share-of-americans-skipping-their-mortgage-payments-falls-to-lowest-level-in-two-months-and-a-$5-billion-‘shadow-debt’-market-is-helping-keep-for-profit-colleges-afloat

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Personal Finance Daily: The share of Americans skipping their mortgage payments falls to lowest level in two months and a $5 billion ‘shadow debt’ market is helping keep for-profit colleges afloat

Personal Finance Daily

Monday’s top personal finance stories

Stay safe, MarketWatchers, and don’t miss these top stories:

Personal Finance
The share of Americans skipping their mortgage payments falls to lowest level in two months

Fewer homeowners are in forbearance on their mortgages, despite the continued rise in coronavirus cases across the country.

A $5 billion ‘shadow debt’ market is helping keep for-profit colleges afloat, new report charges

These risky loan products can have interest rates as high as 35%, according to a report by the Student Borrower Protection Center.

Despite surge in COVID-19, Trump says: ‘I’ll be right eventually — it’s going to disappear’

‘Many of those people are young people that would heal in a day. They have the sniffles,’ President Trump told Chris Wallace during a one-on-one interview on Fox News.

When will I get my tax refund? ‘We’re focused on the paper returns,’ the IRS says as it reopens offices

Processing refunds and customer service are two priorities, the IRS Commissioner says.

California, New Jersey and New York City pause indoor dining — why is it dangerous?

‘We’re moving back into a modification mode of our original stay-at-home order,” Gov. Gavin Newsom, a Democrat, said. ‘This continues to be a deadly disease.’

Fauci takes aim at Trump administration, lawmakers and young Americans: ‘You’re propagating the pandemic’

Anthony Fauci made his case to Facebook CEO Mark Zuckerberg as to why it’s time to change the approach to the coronavirus.

Trump vs. Fauci: The president says, ‘He was wrong’; the doctor responds, ‘Everybody thinks I’m doing more than an outstanding job’

‘Well, I don’t know that he’s a leaker. He’s a little bit of an alarmist,’ President Trump said of Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases.

This 59-year-old bartender’s house and health insurance are at stake if the extra $600 in unemployment benefits expires

‘I want to go back to work because there’s always a chance of making more money than what I used to make — there’s good weeks and bad weeks. But now there are just bad weeks.’

Elsewhere on MarketWatch
‘Don’t be stupid’ — New York governor warns bars and restaurants can be closed again if street partying continues

Gov. Andrew Cuomo demanded local governments, law enforcement agencies to enforce social distancing mandates

Why pooled testing could be a breakthrough in the fight against COVID-19

What is pooled testing for COVID-19, and why does the U.S. need it?

Here’s how a Biden presidency could hurt financial stocks

As Joe Biden leads President Donald Trump by double digits in national polls, analysts are assessing how financial stocks could be affected by having the veteran Democratic politician in the Oval Office.

Republicans will start work in Senate on $1 trillion coronavirus relief package, Mnuchin says

Lawmakers returned to Washington Monday intent on finishing another coronavirus relief measure over the next three weeks.

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