[Texas Eagle]

Whoa!!!! Did he forgive them or transfer them to taxpayers a la Soetoros’ and Biden’s student loan forgiveness?

[BipolarBob]

Just how does that work?

[JZelle]

He just shot past Inslee in stupidity.

[Thank You Rush]

What did the mortgage holders have to say about it? THAT doesn’t make sense. B of A or Wells Fargo said, “Go ahead - we like that idea. We only made the loans for the fun of it anyway! Needed the practice. “

[algore]

I am not seeing that, I even searched for mortgage in the article and came up with nothing

can you give me the SB number ?

[SkyDancer]

Maybe my dad should go and get a mortgage?

[popdonnelly]

Democrats are stupid losers.

[Red Badger]

I’m not seeing it, either..................

[Blood of Tyrants]

So by what authority can he forgive a private loan to whom the state is not a part of?

[sauropod]

Wait. What happen to Inslee?

[fruser1]

It's not the first mortgage, but for the second - closing cost and down payment loans offered by Washington state.

https://lawfilesext.leg.wa.gov/biennium/2025-26/Pdf/Bills/House%20Passed%20Legislature/1696-S2.PL.pdf?q=20250424172910

[catnipman]

post is from clickbait bullshit on the interwebs ...

bill does NOT forgive mortgage debt in general, since those are private contracts that don’t involve the state, but affects only some of the loans the State itself makes ...here’s the actual FACTS:

SSHB 1696

Second Substitute House Bill 1696 modifies the Covenant Homeownership Program by raising the area median income threshold for eligibility to 120%, authorizing full loan forgiveness under certain circumstances and modifying one of the membership positions on the oversight committee.

and to clarify what a Covenant Homeownership Program loan is:

Covenant Homeownership Program is for zero percent loans from the Washington State secondary to the primary mortgage for first time home buyers who are not white and are “poor”

such loans are paid back to the State at the time of refi or sale of the dwelling, except with the new bill, under certain circumstances, the State loan doesn’t have to be paid back at all ...

the primary mortgage is unaffected by this bill, and no other mortgages of any kind outside the program are affected ...

[vikingd00d]

They also seem to have made medical debt un-collectable.

ESSB 5480
Engrossed Substitute Senate Bill 5480 aims to remove barriers for consumers created by medical debt.

Hospitals, physician groups, professional partners and collection agencies are prohibited from reporting medical debt to credit reporting agencies or credit bureaus. Medical debt is exempt from being included on someone’s credit report.

Medical debt reported to credit agencies becomes void and unenforceable, with enforcement provided by the Consumer Protection Act.

[Jonny7797]

And they call Trump a dictator.