Last week, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act ("CARES Act") that will distribute $1,200 to each adult within a certain income bracket and $500 for ...
Effective March 26, 2020, the Federal Reserve Board (“Board”) reduced the reserve requirement ratios to zero percent. The Board reduced the ratio in an effort to free up liquidity to ...
More and more states are enacting emergency measures to provide relief to address notarization issues that have arisen as a result of the safety measures in place due to the ...
Today the House of Representatives passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The CARES Act includes several provisions that will directly impact many IRA/HSA owners and ...
On March 23, 2020, Freddie Mac published Bulletin 2020-5 regarding temporary measures for selling requirements in relation to Coronavirus COVID-19 to address sellers’ questions and concerns. Freddie Mac is working ...
On March 23, 2020, Fannie Mae published Lender Letter LL-2020-04 regarding the impact of Coronavirus COVID-19 on appraisals. In many cases, due to COVID-19, lenders are not able to obtain ...
On March 23, 2020, Fannie Mae published Lender Letter LL-2020-03 regarding the impact of Coronavirus COVID-19 on loan originations. LL-2020-03 addresses questions and concerns that have been raised by industry ...
On March 18, 2020, Fannie Mae published Lender Letter LL-2020-02 regarding temporary servicing requirements due to the impact of Coronavirus COVID-19. LL-2020-02 was updated with additional information on March 25, ...
On March 28, 2020, Freddie Mac published Bulletin 2020-4 regarding temporary servicing requirements due to the impact of Coronavirus COVID-19. Freddie Mac is working together with Fannie Mae under the ...
On March 18, 2020, the United States Department of Housing and Urban Development (HUD) published Mortgagee Letter 2020-04 regarding guidance for foreclosures and evictions in connection with Coronavirus COVID-19. Mortgagee ...