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As gig economy grows, lenders reluctant to relax income rules

Most U.S. mortgage lenders are not ready to relax income rules even as more Americans become part of the so-called gig economy, and banks are excluding income from this work on loan applications, a survey released on Wednesday showed......»»

Category: topSource: moneycentralMay 16th, 2018

Outside the Box: Essential workers in this coronavirus-damaged economy need money as well as applause

These 3 initiatives can help lower-income workers achieve greater financial security, writes Kabir Sehgal......»»

Category: topSource: marketwatchMay 11th, 2020

Walker & Dunlop Grows Total Transaction Volume 91% to Record $11.4 Billion Generating Diluted Earnings Per Share of $1.49

BETHESDA, Md., May 6, 2020 /PRNewswire/ -- FIRST QUARTER 2020 HIGHLIGHTS Record total transaction volume of $11.4 billion, up 91% from Q1'19 Record total revenues of $234.2 million, up 25% from Q1'19 Net income .....»»

Category: earningsSource: benzingaMay 6th, 2020

American Savings Bank reports decrease net income in Q1

"When the year started, we expected the economy to remain robust, while interest rates were low — generally things were expected to be the same as they had been," Rich Wacker, president and CEO of ASB said......»»

Category: topSource: bizjournalsMay 4th, 2020

New Rules of Retirement

For many Americans, the coronavirus economy has blown up plans for a next chapter after full-time work......»»

Category: smallbizSource: nytMay 4th, 2020

How Quickly Americans Expect to Resume Their Lives After COVID-19

As U.S. cities and states begin to relax stay-at-home orders, the real test of how quickly the country's economy can recover depends on how willing people are to resume their normal activities. That........»»

Category: blogSource: 247wallstApr 28th, 2020

Georgia"s governor hit with wave of backlash over plans to begin reopening the state"s economy on Friday

Kevin Cox/Getty Images Georgia Gov. Brian Kemp was met by a wave of backlash after he announced plans to relax the state's stay-at-home measures against the coronavirus in order to begin revving up the ec.....»»

Category: topSource: businessinsiderApr 21st, 2020

Ducey not ready to relax stay-at-home order, will follow White House guidelines

Arizona Gov. Doug Ducey isn't ready to relax stay-at-home orders as others have done, saying in a call with various mayors the state hasn't hit certain federal guidelines to reopen the economy. The continued orders come as several thousand people prote.....»»

Category: topSource: bizjournalsApr 21st, 2020

Key Words: Here’s what Pope Francis said about the global economy that drew a ‘wow’ from a former presidential candidate

Pope Francis says it might be time for universal basic income......»»

Category: topSource: marketwatchApr 12th, 2020

Why Mexico Fears Shutting Down Its Economy To Combat COVID-19

Why Mexico Fears Shutting Down Its Economy To Combat COVID-19 Authored by Ryan McMaken via The Mises Institute, Mexico's president Andrés Manuel López Obrador has been reluctant to impose mandatory.....»»

Category: blogSource: zerohedgeApr 10th, 2020

IMF sees world in worst slump since the Great Depression

The International Monetary Fund sees the world economy suffering its worst recession since the Great Depression this year, with emerging markets and low-income nations in Africa, Latin America and Asia at particularly high risk......»»

Category: topSource: moneycentralApr 9th, 2020

Cheap gas and weaker US rules for fuel economy aren"t going to help Tesla sell more electric cars (TSLA)

Hollis Johnso.....»»

Category: topSource: businessinsiderApr 5th, 2020

Simplifya"s CEO On The Crucial Need For Cannabis RegTech In A Shaky Economy

Cannabis companies continue to rely on regulatory technology to keep up with varying state-by-state rules. read more.....»»

Category: blogSource: benzingaApr 3rd, 2020

Market Extra: Lenders call on Washington for more clarity on small-business rescue program a day before Friday launch

Lenders are still waiting on final rules from the U.S. government to help get its $350 billion rescue lending programs off the ground on Friday to shore up small businesses battered by the coronavirus pandemic......»»

Category: topSource: marketwatchApr 3rd, 2020

Market Extra: Lenders call on Washington for more clarity on small business rescue program a day before Friday launch

Lenders are still waiting on final rules from the U.S. government to help get its $350 billion rescue lending programs off the ground on Friday to shore up small businesses battered by the coronavirus pandemic......»»

Category: topSource: marketwatchApr 2nd, 2020

Mnuchin says small business rescue loans launch Friday, despite lender confusion

U.S. Treasury Secretary Steven Mnuchin said he was pressing ahead with the Friday launch of a $349 billion coronavirus rescue loan program for small businesses despite confusion over last-minute final rules and lenders unprepared to approve applications......»»

Category: topSource: reutersApr 2nd, 2020

FCC proposes to fine TracFone Wireless $6 million for subsidy violations

The Federal Communications Commission on Thursday proposed to fine TracFone Wireless $6 million for allegedly violating its rules governing the subsidy program for telecommunications services for low income users......»»

Category: topSource: reutersApr 2nd, 2020

Market Extra: Lenders call on Washington for more clarity on small business rescue program a day before launch Friday

Lenders are still waiting on final rules from the U.S. government to help get its $350 billion rescue lending programs off the ground on Friday to shore up small businesses battered by the coronavirus pandemic......»»

Category: topSource: marketwatchApr 2nd, 2020

"Relax, Eat Out & Shop": China In Desperate Bid To Jump-Start Paralyzed Consumer Economy

"Relax, Eat Out & Shop": China In Desperate Bid To Jump-Start Paralyzed Consumer Economy.....»»

Category: blogSource: zerohedgeApr 1st, 2020

The Fed: ‘I am scared of losing my income, my shop and my home’ — Texas businesses worry about coronavirus

Anxiety and uncertainty are spreading rapidly among business leaders as the coronavirus lashes the broader economy......»»

Category: topSource: marketwatchMar 30th, 2020

The Fed: ‘I am scared of losing my income, my shop and my home’ — Texas executives worry about coronavirus

Anxiety and uncertainty are spreading rapidly among business leaders as the coronavirus lashes the broader economy......»»

Category: topSource: marketwatchMar 30th, 2020