Blog

You are currently viewing Here’s What We’re Following 04.24.20

Here’s What We’re Following 04.24.20

  • Post author:
  • Post category:News

Topics we’re currently following including local and national real estate trends, financial news and information.

For the last several weeks, the mortgage servicing industry has been crying out for help, lobbying the government to set up a federally backed liquidity facility for servicers to address the rapid rise in forbearance due to the coronavirus.

Author: Ben Lane | Publication: HousingWire

In an emotional meeting, Monterey City Council delays a decision on layoffs.

Author: Sara Rubin | Publication: Monterey County Weekly

In the midst of the COVID-19 epidemic, one particular issue has emerged between landlords and tenants: without income for tenant to pay landlord, how is the lease to proceed?  

Author: Newmeyer Dillion | Publication: JD Supra

AS LEADERS across the country struggle to find a balance between keeping people safe and not destroying the economy during the coronavirus crisis — and many push back against safety mandates they disagree with — some realtors here say restrictions imposed by Monterey County are making it impossible to show houses if they are furnished.

Author: Chris Counts | Publication: Carmel Pine Cone

On April 14, 2020, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency issued an interim final rule to temporarily defer the requirement for real estate-related appraisals and evaluations associated with financing existing real estate.