1. Mortgage forbearance (a) Findings (1) Findings Congress finds that— (A) the collection of debts involves the use of the mails and wires and other instrumentalities of interstate commerce; (B) at times of major disaster or emergency, the income of consumers is often impaired and their necessary daily expenses often increase; (C) temporary forbearance benefits not only consumer and small business debtors, but also other creditors by avoiding downward collateral price spirals triggered by an increase in foreclosure activity; (D) without forbearance, many consumers and small businesses are unlikely to be able to pay their obligations according to their original terms and are likely to default on obligations or file for bankruptcy, resulting in reduced recoveries for creditors, and in the case of bankruptcy, no recovery of unaccrued interest; (E) with forbearance, creditors are likely to realize greater long-term value because consumers and small businesses will be more likely to be able to repay their obligations after the major disaster or emergency has subsided; (F) the legislative and administrative response to major disasters and emergencies may consist of multiple components divided among different statutes and programs; and (G) when evaluating whether property has been taken from a person without just compensation, a holistic evaluation of the burdens and benefits of all legislative and administrative responses, including indirect benefits from macroeconomic stabilization, is appropriate. (2) Further findings regarding mortgage forbearance Congress further finds that— (A) ensuring that consumers are able to remain in their residences reduces the disruptions and economic harm caused by such disasters and emergencies by ensuring that consumers are able to continue their existing employment, education, childcare, and healthcare arrangements, which are often geographically based