Paul Fischer is Director of Professional Services with Paradatec, Cincinnati.
Category: News and Trends
Dealmaker: George Smith Partners Arranges $38M for Industrial, Retail
George Smith Partners, Los Angeles, arranged $37.7 million for California industrial and retail assets.
Neal Doherty: A Lender’s Guide to PPP Loan Forgiveness Timeline
A key provision of the CARES Act is the Paycheck Protection Program (PPP), which authorizes small businesses to apply for loans guaranteed by the Small Business Administration. PPP loans can be forgiven, either in whole or part, under certain conditions. This article is intended as an overview of key steps in submitting and obtaining PPP loan forgiveness.
MBA Education Path to Diversity Scholar Profile: Adam Krings
(One of a continuing series of profiles of participants in the MBA Education Path to Diversity (P2D) Scholarship Program, which enables employees from diverse backgrounds to advance their professional growth and career development.)
Moody’s Analytics Forecasts 11% Drop in Retail Rents This Year
Pressured by rising e-commerce even before the COVID-19 crisis and now burdened with wide-scale store closures, retail rents could drop 11 percent in 2020, said Moody’s Analytics, New York.
With Upcoming Online Conferences, MBA Adapts to a Changing World
MBA’s first virtual conference takes place on Tuesday, May 19, from 1:00-5:00 p.m. ET. MBA Live: State of the Industry features presentations from key industry voices and MBA’s team of economists and policy/advocacy experts. The conference is free to MBA members.
Initial Claims Tapering, But Remain High
Nearly three million Americans applied for initial unemployment claims last week—the lowest level in eight weeks but still highly elevated in the wake of the coronavirus pandemic.
FHFA, FHA Extend Foreclosure/Eviction Moratorium to June 30
The Federal Housing Finance Agency said yesterday it would extend its moratorium for Fannie Mae- and Freddie Mac-based single-family mortgages until at least June 30.
April New Home Purchase Mortgage Applications Down 25% from March; 12 Percent from Year Ago
Mortgage Bankers Association Builder Applications Survey data for April show mortgage applications for new home purchases decreased by 12 percent compared from a year ago and by 25 percent from March.
FHFA, GSEs Offer Payment Deferral as Repayment Option for COVID-19 Forbearance Plans
The Federal Housing Finance Agency yesterday said Fannie Mae and Freddie Mac will employ a new payment deferral option allowing borrowers in COVID-19 related forbearance, who are able to return to making their normal monthly mortgage payment, the ability to repay their missed payments at the time the home is sold, refinanced, or at maturity.