In the face of the global pandemic, millions of Americans may not be able to pay their bills this month. To that end, a growing number of financial institutions, including Ally Financial, Bank of America, Citi and Fifth Third Bank, have taken steps to offer some assistance for customers affected by Covid-19. The coronavirus aid relief bill
The coronavirus outbreak is already causing a spike in commercial mortgage delinquencies in the hotel and retail sectors, a new analysis finds. The data speaks to a bigger fear haunting the commercial real estate industry: That Covid-19 could spark an even bigger mortgage crisis than the one in 2008, which devastated American homeowners. Commercial mortgage-backed
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More and more, Team Bjorkman has had clients asking to see new construction. More importantly, importantly we are hearing from clients after they have gone to new construction, purchased without representation and then they realize that there are things happening that they are not quite sure how to handle. Sales agents that are sitting at
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Matthew Mousavi Despite market volatility and uncertainty created by the COVID-19 pandemic, investor activity within the net lease space for specific uses and credits continues to remain relatively strong, albeit at levels lower than pre-COVID. The industry is anxious and unsure about the long- and short-term effects of this crisis, and no one can provide
H&R Block Mortgage sign Jb Reed | Bloomberg | Getty Images As unemployment surges and more Americans struggle to make ends meet, more homeowners are applying for the government’s mortgage forbearance program under the recently-passed coronavirus relief plan. The CARES Act allows borrowers with loans backed by Fannie Mae, Freddie Mac and Ginnie Mae to miss