Tuesday, April 7, 2020

Borrowers are entitled to Temporary Relief from Federal Student Loan Payments and Collections – Coronavirus Stimulus Bill 2020

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Section 3513 of the Coronavirus Stimulus Bill suspends student loan payments through September 30, 2020. Monthly interest will not accrue wh...
Monday, April 6, 2020

Multifamily (5 or more residential units) Borrowers can get a Mortgage Loan Forbearance During COVID-19 Emergency – Coronavirus Stimulus Bill 2020

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Section 4023 of the Coronavirus Stimulus Bill requires lenders and s ervicers to provide up to 90 day forbearance to multifamily borrowers w...
Friday, April 3, 2020

60 Day Foreclosure Moratorium Alert – Coronavirus Stimulus Bill 2020

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Section 4022 of the Coronavirus Stimulus Bill contains a moratorium against initiating judicial or non-judicial foreclosures on any property...
Thursday, April 2, 2020

Mortgage Lenders and Servicers Must Provide Homeowners with Loan Forbearance During COVID-19 Pandemic – Coronavirus Stimulus Bill 2020

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Section 4022 of the Coronavirus Stimulus Bill requires mortgage lenders and servicers to provide homeowners with up to 12 month forbearance ...
Tuesday, March 31, 2020

Penalty Free Withdrawals of up to $100,000 allowed for 401(K) Retirement Accounts – Coronavirus Stimulus Bill 2020

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Section 2202 of the Coronavirus Stimulus Bill allows for penalty-free withdrawals of up to $100,000 from 401(k) retirement accounts. Typical...
Monday, March 30, 2020

Tenants Living in Properties that have a Federally backed Mortgage Loan Cannot Be Evicted During the COVID-19 Emergency – Coronavirus Stimulus Bill 2020

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Section 4024 of the Coronavirus Stimulus Bill prevents property owners with Federally backed mortgage loans from evicting tenants for non pa...
Tuesday, March 24, 2020

Coronavirus is a Natural Disaster of Immense Proportions that Impacts Real Estate - Latest News - 3-24-2020

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In the past 3 months COVID-19 aka the coronavirus pandemic has upended all beliefs regarding the speed in which fear can grip the world. Cor...