CARES act

Number Of Homeowners In Mortgage Bailout Program Drops By 104K
Number Of Homeowners In Mortgage Bailout Program Drops By 104K
July 06, 2020  |  Coronavirus

The number of homeowners in the mortgage bailout program under the federal CARES Act fell by 104,000 from June 23 to June 30 — the...

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What Q1 And Q2 Is Telling Us About The Rest Of 2020
What Q1 And Q2 Is Telling Us About The Rest Of 2020
July 06, 2020  |  Retail

Only halfway in, 2020 feels,  of course, like a decade’s been packed into six months. And to get a sense of where we are headed...

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Will ‘Zombie Companies’ Eat The US Economy?
Will ‘Zombie Companies’ Eat The US Economy?
June 16, 2020  |  Economy

You know the setup — the one that’s part of seemingly every horror movie ever made. Would-be victims use their wits to outrun hordes of...

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Airlines Are Using Frequent-Flyer Programs As Collateral For Loans To Stay Alive
Airlines Are Using Frequent-Flyer Programs As Collateral For Loans To Stay Alive
June 15, 2020  |  Coronavirus

In times of crisis, we mortgage what we have to get to where we need to be. The pandemic has seen a flurry of capital...

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Latest Economic Stimulus Package On Hold
Latest Economic Stimulus Package On Hold
June 11, 2020  |  Economy

The latest coronavirus stimulus package will have to wait until late next month, when Congress returns from recess, sources told CNBC. On July 21, the...

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US Lenders Expect Few Loan Defaults
US Lenders Expect Few Loan Defaults
June 08, 2020  |  Loans

U.S. lenders say they expect most borrowers who were given a temporary reprieve on loans due to income loss from the impact of COVID-19 will...

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Demand For PPP Loans Evaporates; $150B Still Available
Demand For PPP Loans Evaporates; $150B Still Available
May 26, 2020  |  Loans

When the first round of forgivable Paycheck Protection Program (PPP) loans became available April 3, the funds ran out within days. When the second round...

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Democrats, Republicans And A Tale Of Two Stimulus Packages
Democrats, Republicans And A Tale Of Two Stimulus Packages
May 22, 2020  |  Economy

The U.S. economy is starting its walk back toward recovery, with all 50 states having publicly issued plans to begin reopening businesses after some eight...

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