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Letter: Press pause on mortgages

(Francisco Kjolseth | Tribune file photo) Shuttered businesses, including the Broadway Centre Cinemas, in downtown Salt Lake City are void of crowds in the midst of the coronavirus (COVID-19) pandemic on Thursday, March 26, 2020.

I am a small business owner, a mother, a wife, a daughter of elderly parents and a very concerned citizen.

We had to recently close our café (along with thousands across the country) as was ordered by the Health Department, and because it was the right thing to do to help flatten the coronavirus curve. We are now doing our best to weather this storm.

I would feel some relief if there was a focus on how to press pause on my mortgage until we're on the other side of this dangerous pandemic. My thought is, if the banks were to press pause on all primary-residence mortgages for 90 days, without penalty or accrued interest, we would all feel safer, less anxious and less stressed. I could stay home, be safe and not worry how I’m going to make my next mortgage payment.

I’m sorry, whatever amount the government is proposing to send out to everyone isn’t going to help me pay my mortgage, utilities, insurance and food for a month, or however long this might last.

Why not include assistance for those who are landlords so they can help their tenants to breathe easier?

Help us to feel safe without penalty, include the elderly and do not give one penny to corporations that all received immense tax benefits just last year.

The profound tax breaks that the wealthy and corporations received recently was unprecedented and it is so disappointing to hear that the government is considering more help to the wealthy instead of the least among us.

Casee Francis, Salt Lake City

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