In this Real Estate News Brief for the week ending March 28th, 2020… ugly numbers for job losses and economic growth, a possible “snapback recovery”, and encouraging news about medical supplies.
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There’s something in it for everyone. The federal government approved a $2 trillion virus relief package last week called the CARES Act…
As unemployment claims soar, lenders who offer non-qualifying mortgage loans are also shutting their office doors…
There’s been a lot of talk about rent moratoriums and eviction bans for struggling tenants, but what happens when landlords can’t pay mortgages and other expenses for those very same rentals?
Headlines across the nation are echoing the same idea — that cities, counties, states, and even the nation, impose a temporary moratorium on evictions while this virus scenario plays out.