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Pandemic Proves Value of NAR’s Vision for the GSEs

In early March of this year, in response to the pandemic-induced economic shutdown, Congress gave borrowers with government-backed mortgages the right to forbearance and placed a moratorium on foreclosures. As a result, lenders, servicers and inv.....»»

Category: realestateSource: rismediaDec 28th, 2020

: Washington avoids government shutdown, but no stimulus vote until Sunday at earliest

Lawmakers voted Friday to give negotiators another two days to reach agreement on a massive economic stimulus to offset the pandemic and annual funding for the government, hours before the government was slated to shut down......»»

Category: topSource: marketwatchDec 18th, 2020

Market Snapshot: Dow trades 200 points lower as clock ticks for Congress to pass another spending bill, round of economic relief

Stocks trade slightly lower Friday afternoon, a day after benchmark indexes closed at record highs, as Wall Street awaits an update from Congress on fiscal stimulus talks and a spending bill to thwart a midnight government shutdown......»»

Category: topSource: marketwatchDec 18th, 2020

: Washington lawmakers focus on avoiding government shutdown Friday night as stimulus plan bogs down

Congressional leaders shift their sights Friday afternoon to keeping the government open past midnight tonight, as their attempts to find a deal both sides could live with on another coronavirus economic package looked to be stymied......»»

Category: topSource: marketwatchDec 18th, 2020

UNC business school will put record donation from Triad couple toward expansion

In the midst of a global economic shutdown, UNC-Chapel Hill has a reason to celebrate: an $11 million donation to finance a new building for its business school.  On Tuesday, the university announced the donation from Steve and Jackie Bell of Bell .....»»

Category: topSource: bizjournalsMay 13th, 2020

Wall Street bets virus meltdown gives landlords a chance to grow

Investors are flocking to America’s mega landlords, drawn by signs the companies owning huge pools of rental houses are weathering the economic shutdown far better than feared......»»

Category: topSource: moneycentralMay 12th, 2020

This is how economic pain is distributed in America

Job losses due to the coronavirus shutdown fell unequally on Americans according to age, gender, educational attainment and race......»»

Category: topSource: washpostMay 9th, 2020

Valley"s resort industry continues to hemorrhage jobs with hundreds more layoffs

Arizona WARN notices from the past week show the continuing hits the state's hospitality industry has been taking since the start of the Covid-19 economic shutdown. Here are the latest layoff numbers filed by Valley companies......»»

Category: topSource: bizjournalsMay 8th, 2020

Mexico"s Economy Is Disintegrating

Mexico's Economy Is Disintegrating While few have lofty expectations for economic performance with the global economy still largely shutdown, what is h.....»»

Category: blogSource: zerohedgeMay 4th, 2020

Goldman Sachs says disposable income will likely grow this year, even amid the widespread coronavirus shutdown

Eduardo Munoz Alvarez/Getty Images Expect disposable personal income to grow in the US this year, Goldman Sachs said. Despite the economic de.....»»

Category: topSource: businessinsiderMay 4th, 2020

12 business moguls on how to ensure your business survives the coronavirus crisis

The economic shutdown is unavoidable — it's how you react that makes all the difference in saving your business......»»

Category: topSource: moneycentralApr 29th, 2020

TripAdvisor to cut nearly 25% of workforce due to impact of coronavirus shutdown

TripAdvisor Inc. announced Tuesday it would eliminate nearly a quarter of its workforce due to the economic hit caused by the coronavirus shutdown. In a blog post, co-founder and Chief Executive Steve Kaufer said more than 900 employ.....»»

Category: topSource: marketwatchApr 28th, 2020

Houston"s "horrifying" double crisis: Oil crash and virus shutdown

Cities across the country are struggling under the economic shadow of the coronavirus. But few have to deal with a collapse in their fundamental industry at the same time......»»

Category: topSource: moneycentralApr 27th, 2020

Homebuilders suddenly see sales jump as renters flee small urban apartments

Home sales nearly ground to a halt at the end of March, as the coronavirus pandemic forced an economic shutdown that scuttled open houses and shattered consumer confidence. Now demand appears to be coming back, especially for newly built homes......»»

Category: realestateSource: cnbcApr 27th, 2020

Homebuilders see sales jump as renters flee urban apartments

Home sales nearly ground to a halt at the end of March, as the coronavirus pandemic forced an economic shutdown that scuttled open houses and shattered consumer confidence. Now demand appears to be coming back, especially for newly built homes......»»

Category: topSource: moneycentralApr 27th, 2020

Homebuilders see sales jump as renters flee urban apartments

Home sales nearly ground to a halt at the end of March, as the coronavirus pandemic forced an economic shutdown that scuttled open houses and shattered consumer confidence. Now demand appears to be coming back, especially for newly built homes......»»

Category: topSource: moneycentralApr 27th, 2020

6 Obnoxious Spending Habits Of The "Sheltering In Place" Rich & Famous

6 Obnoxious Spending Habits Of The 'Sheltering In Place' Rich & Famous Authored by Josh Owens via SafeHaven.com, In the American economic shutdown, the poor are su.....»»

Category: blogSource: zerohedgeApr 24th, 2020

Number of homeowners seeking mortgage aid soars

As the economic shutdown drags on and job losses mount, more borrowers are opting to delay their monthly mortgage payments through mortgage forbearance plans......»»

Category: topSource: moneycentralApr 24th, 2020

Mortgage bailout balloons by half a million more loans in one week

As the economic shutdown drags on and job losses mount, more borrowers are opting to delay their monthly mortgage payments through mortgage forbearance plans......»»

Category: topSource: moneycentralApr 24th, 2020

Mortgage bailout balloons by half a million more loans in one week

As the economic shutdown drags on and job losses mount, more borrowers are opting to delay their monthly mortgage payments through mortgage forbearance plans......»»

Category: realestateSource: cnbcApr 24th, 2020