As President Donald Trump calls for another federal eviction moratorium, a new report has shed light on just how many Americans are facing housing insecurity as a result of the coronavirus pandemic and the associated economic downturn. Between 30 and 40 million people in the U.S. could be at risk of eviction in the nextContinue reading “Up to 40 million people are at risk of being kicked out of their homes”
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Going cashless during the COVID pandemic makes life even more difficult for the 14 million unbanked Americans – MarketWatch
The pandemic has businesses shifting away from cash to ‘touchless transactions.’ What does that mean for America’s ‘unbanked,’ people who don’t have bank… — Read on http://www.marketwatch.com/story/what-going-cashless-means-for-the-14-million-unbanked-americans-11596664581
Here are the Most Influential Women in Commercial Real Estate for 2020
There are many adjectives that could be used to describe all of the Most Influential Women in Commercial Real Estate for 2020: Innovative. Driven. Brilliant. But that doesn’t mean they don’t all have secrets they keep mostly to themselves. Consider this surprising fact: “I would love to meet and have lunch with Snoop Dogg,” saysContinue reading “Here are the Most Influential Women in Commercial Real Estate for 2020”
Commercial Real Estate Loans: 5 Borrowing Pitfalls to Avoid
Some Money Cost Too Much…
The feared jumbo mortgage debacle is here — thanks to the coronavirus — and ready to pound the housing market
Published: July 22, 2020 at 5:08 p.m. ET By: Keith Jurow Back in January, my column for Marketwatch detailed the massive danger that jumbo mortgages posed for U.S. mortgage and housing markets. After months of actions to counter the impact of COVID 19, the potential jumbo mortgage disaster is clearer than ever. Jumbo mortgages are loans that areContinue reading “The feared jumbo mortgage debacle is here — thanks to the coronavirus — and ready to pound the housing market”
As the economic fallout of the pandemic continues to unfold, banks are rushing to close credit card accounts or slash credit limits to curb their risk.
“These are really big numbers,” said Matt Schulz, chief industry analyst at CompareCards. “It means that an awful lot of Americans had one of their financial security nets taken out from under them in one of the most difficult economic times in American history.” 1 in 5 cardholders saw a credit decrease of at leastContinue reading “As the economic fallout of the pandemic continues to unfold, banks are rushing to close credit card accounts or slash credit limits to curb their risk.”
Microsoft-owned LinkedIn to cut 960 jobs, or 6% of its work force due to pandemic – MarketWatch
Job networking site LinkedIn is cutting about 960 jobs, or 6% of its work force, as it moves to align the business with the new COVID-19 world. In a message… — Read on http://www.marketwatch.com/story/microsoft-owned-linkedin-to-cut-960-jobs-or-6-of-its-work-force-due-to-pandemic-2020-07-21
Steer Clear of “Steering”
July 10, 2020Working With Buyers, Fair Housing, Fair Housing Act “Steering” is the practice of influencing a buyer’s choice of communities based upon one of the protected characteristics under the Fair Housing Act, which are race, color, religion, gender, disability, familial status, or national origin. Steering occurs, for example, when real estate agents do not tell buyers aboutContinue reading “Steer Clear of “Steering””
Dow up 450 points on gains for shares of Caterpillar, UnitedHealth
DOW UPDATE Shares of Caterpillar and UnitedHealth are seeing strong returns Tuesday afternoon, propelling the Dow Jones Industrial Average rally. Shares of Caterpillar (CAT) and UnitedHealth (UNH) have contributed to the index’s intraday rally, as the Dow (DJIA) was most recently trading 450 points (1. — Read on finance.yahoo.com/m/e95b8460-f9b7-38f6-8c0d-f950d20b8c25/dow-up-450-points-on-gains.html
What you need to know if you are thinking about using home equity to cover expenses during the coronavirus pandemic
Know your Rights when getting A Mortgage.