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1.
Many mortgage lenders offer a temporary suspension of your monthly mortgage payments if you are unable pay your mortgage. This suspension is known as _______.
Forbearance. Forbearance programs let a homeowner explore their options, get counseling, or modify their loan during this time.
2.
A tax credit made specifically for low-income people who work is the _______.
Earned income tax credit. This credit is offered by the IRS to low-income people who work.
3.
Legal services for low-income people are limited to help in the courtroom.
False. Legal services for low-income people also include information and many other services.
4.
Federal programs for homeowners facing foreclosure are available to all homeowners, regardless of their situation.
False. There are many requirements that homeowners must meet, some of them quite demanding.
5.
Most major government food programs are overseen by which US government department?
Department of Agriculture. The USDA is well known for its food programs.