Instructions o Read the following the WSJ article from May 25, 2020.kjda(Links to an external site.) · "Mortgage Credit Tightens, Creating Drag on Any Economic Recovery," by Andrew Ackerman and Nick...

Instructions

o Read the following the WSJ article from May 25, 2020.kjda(Links to an external site.)

· "Mortgage Credit Tightens, Creating Drag on Any Economic Recovery," by Andrew Ackerman and Nick Timiraos. https://www.wsj.com/articles/mortgage-credit-tightens-creating-drag-on-any-economic-recovery-11590431459

o Answer both of the questions listed below.

· Incorporate and cite additional resources

Discussion Questions:

· How does the credit tightening in response to the health crisis related to credit tightening the industry normally experiences during a recession?

· What are some possible unintended consequences of mortgage loan forbearance under the CARES act on the lending industry?