News · 20 May 2026
Thousands of government mortgage loans aren't getting paid back
Illustration: AI-generated for editorial context. Not photographic evidence.
A significant number of government mortgage loans remain uncleared. Numerous benefit-receiving households are currently not making active repayments on their government mortgage assistance loans. The Support for Mortgage Interest (SMI) program offers loans that recipients are required to repay when their property is sold or its ownership changes.
Reported by thetimes.com · How we write briefs