Protection from predatory lenders should be part of Alabama's COVID-19 response

Coronavirus Alabama

Protection from predatory lenders should be part of Alabama's COVID-19 response

Our state policymakers should act to protect borrowers before these harmful loans make the pandemic’s financial devastation even worse. Source link

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Coronavirus Florida

South Florida lenders and landlords battle new coronavirus reality

As businesses shutter across South Florida and unemployment skyrockets to record highs, landlords are facing a difficult dilemma: How to offer rent deferrals to tenants and at the same time…

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Coronavirus Arizona

Phoenix hotels ask lenders, Congress for relief as millions in coronavirus losses mount

The hotel sector in the Valley and around the nation, among the first to feel the financial squeeze caused by the coronavirus spread, took an ominous turn last week as…

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Round 2 of Paycheck Protection Program frustrates Colorado lenders, small business owners

When Round 2 of the federal Paycheck Protection Program opened Monday with another $320 billion, it came with a bundle of new guidelines to ensure the loans reach the small…

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Coronavirus Utah

Lenders use LoanPro to implement WFH strategy

Salt Lake City— Banks, lenders, and loan servicing companies alike turn to LoanPro to seamlessly transition their servicing teams to work from home. Rhett Roberts, CEO at LoanPro (loanpro.io), said…

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Colorado nonprofit lenders lack funds to help borrowers overlooked in first round of PPP – The Denver Post

The Gates Family Foundation, the Colorado Office of Economic Development and FirstBank are scrambling this weekend to extend funds to the state’s three nonprofit microlenders so they can, in turn,…

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Coronavirus Oklahoma

Jumbo mortgage market disappearing as lenders shun risk

The jumbo loan market is shrinking as some mortgage lenders are facing a liquidity crunch. It’s the perfect storm for lenders as millions of homeowners are seeking forbearances after losing…

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Coronavirus Wisconsin

School Specialty in Greenville in talks to turn company over to lenders

Financially troubled company begins to make improvements in 2020, but is further thwarted by COVID-19 Source link

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COVID-19 News

Customers find lenders’ ‘relief’ misleading

This is CNBC’s 24-hour blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This live blog will be updated throughout the day…

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Coronavirus Vermont

Coronavirus in Vermont: Real estate agents, lenders say stay-home order freezes market

The coronavirus pandemic has brought real estate transactions to a halt and no one knows when the market emerges again what it will look like Source link

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Lenders