Eviction

JPMorgan Chase Committing $8.4 Million to Improve Household Stability for Black, Hispanic and Latino and Other Underserved Households

Thursday, October 14, 2021 - 6:26pm

JPMorgan Chase today announced six organizations to receive philanthropic capital as part of the firms $400 million five-year commitment to improve housing affordability and stability for Black, Hispanic and Latino and other underserved households.

Key Points: 
  • JPMorgan Chase today announced six organizations to receive philanthropic capital as part of the firms $400 million five-year commitment to improve housing affordability and stability for Black, Hispanic and Latino and other underserved households.
  • Through JPMorgan Chases commitments, six organizations will design and test innovative models to improve household stability with the goal of expanding successful models across the U.S.
  • Todays announcement will help promote immediate housing stability for underserved households and is one step toward our goal of addressing barriers to affordable housing and homeownership, especially for Black, Latino and Hispanic families.
  • Recently, the JPMorgan Chase PolicyCenter released data-driven policy recommendations to improve household stability weakened by the pandemic.

Sol Property Advisors Unveil Property Management Division

Monday, September 27, 2021 - 1:39pm

SANTA CRUZ COUNTY, Calif., Sept. 27, 2021 /PRNewswire/ --Top Rated Local company Sol Property Advisors is proud to announce the unveiling of their new Property Management Division in Santa Cruz and Santa Clara counties, and the greater California Bay area, offering comprehensive and innovative property management tools to property owners and tenants.

Key Points: 
  • SANTA CRUZ COUNTY, Calif., Sept. 27, 2021 /PRNewswire/ --Top Rated Local company Sol Property Advisors is proud to announce the unveiling of their new Property Management Division in Santa Cruz and Santa Clara counties, and the greater California Bay area, offering comprehensive and innovative property management tools to property owners and tenants.
  • "We are redefining property management with personal service and a streamlined experience to give you confidence at every turn" says Co-Founder, Realtor at Sol Property Advisors, and 2021 President of the Women's Council of Realtors, Liz Kroft.
  • Designed as a property management service to fit all needs, Sol Property Advisors offers full-service monthly property management, including rent collection, reporting, handling evictions, property maintenance, inspections, and compliance with all local regulations.
  • "Our goal is to make owning investment properties as easy as possible, and putting the 'passive' back into 'passive income' for our clients," says Stephanie Baker, Sol Property Advisors' Director of Property Management.

Freddie Mac Multifamily Extends Availability of COVID-19 Forbearance Program

Friday, September 24, 2021 - 3:45pm

MCLEAN, Va., Sept. 24, 2021 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) Multifamily announced that it will continue to offer COVID-19 forbearance agreements for its Multifamily loans.

Key Points: 
  • MCLEAN, Va., Sept. 24, 2021 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) Multifamily announced that it will continue to offer COVID-19 forbearance agreements for its Multifamily loans.
  • Freddie Mac established its COVID-19 Forbearance Relief program to aid multifamily borrowers and tenants affected by the coronavirus.
  • Under the program, multifamily landlords whose properties are financed with a Freddie Mac Multifamily fully performing loan can defer their loan payments by showing hardship as a consequence of COVID-19 and by gaining lender approval.
  • As the pandemic continues, Freddie Mac is providing relief where needed to the multifamily market and to renters financially impacted by COVID-19 through this forbearance program, said Debby Jenkins, head of Multifamily at Freddie Mac.

Fannie Mae Extends Multifamily Protections for Renters Indefinitely

Friday, September 24, 2021 - 3:54pm

WASHINGTON, Sept. 24, 2021 /PRNewswire/ -- Fannie Mae(OTCQB: FNMA) today announced its multifamily COVID-19 forbearance program has been extended indefinitely to provide continued support for Fannie Mae-financed multifamily property owners and renters in multifamily units experiencing financial difficulties due to COVID-19.

Key Points: 
  • WASHINGTON, Sept. 24, 2021 /PRNewswire/ -- Fannie Mae(OTCQB: FNMA) today announced its multifamily COVID-19 forbearance program has been extended indefinitely to provide continued support for Fannie Mae-financed multifamily property owners and renters in multifamily units experiencing financial difficulties due to COVID-19.
  • "As financial and economic uncertainties around COVID-19 persist, Fannie Mae is committed to providing continued forbearance options for Fannie Mae multifamily borrowers," said Michele Evans, Executive Vice President and Head of Multifamily.
  • "This will allow for the continuation of essential tenant protections to help keep renters in their apartments as the recovery process continues."
  • Since March 2020, Fannie Mae has taken a number of actions to help renters facing financial hardship due to COVID-19, including extending eviction protections to multifamily renters when the property owner received a forbearance and announcing a Renters Resource Finder tool.

Housing Market Expected to Stay Stable as COVID-era Protections End

Tuesday, September 21, 2021 - 1:00pm

Zillow's August market report saw both inventory and the share of listings with a price cut rise for a fourth straight month.

Key Points: 
  • Zillow's August market report saw both inventory and the share of listings with a price cut rise for a fourth straight month.
  • That's unlike in 2008, when financial conditions and a souring housing market pushed many homeowners into involuntary foreclosure.
  • Pulsenomics LLC is the author of The Home Price Expectations Survey, The U.S. Housing Confidence Survey, The Housing Confidence Index, and The Transaction Sentiment Index.
  • Pulsenomics , The Housing Confidence Index, The Transaction Sentiment Index, and The Housing Confidence Survey are trademarks of Pulsenomics LLC.

The Salvation Army Starts Giving Season 100 Days Before Christmas

Thursday, September 16, 2021 - 1:01pm

ALEXANDRIA, Va., Sept. 16, 2021 /PRNewswire/ -- With the resurgence of the pandemic and just 100 days until Christmas, the organization is digging in for another challenging season of need.

Key Points: 
  • ALEXANDRIA, Va., Sept. 16, 2021 /PRNewswire/ -- With the resurgence of the pandemic and just 100 days until Christmas, the organization is digging in for another challenging season of need.
  • As the nation's largest private provider of social services, The Salvation Army has been steadfast on the front lines of need to ensure hope marches on.
  • "The Salvation Army continues to serve families who had never needed our help before, so we're asking everyone to help this holiday season.
  • In the first-ever listing of "America's Favorite Charities" byThe Chronicle of Philanthropy,The Salvation Army ranked as the country'slargestprivately funded,direct-servicenonprofit.

InfoTracer Releases Special Suite of Data Search Services for Business Customers

Tuesday, September 14, 2021 - 5:30pm

BOSTON, Sept. 14, 2021 /PRNewswire-PRWeb/ -- InfoTracer supports companies that rely on finding, verifying, and analyzing numerous data points with a specialized line of services, expertly fine-tuned to meet their most exigent business needs.

Key Points: 
  • BOSTON, Sept. 14, 2021 /PRNewswire-PRWeb/ -- InfoTracer supports companies that rely on finding, verifying, and analyzing numerous data points with a specialized line of services, expertly fine-tuned to meet their most exigent business needs.
  • InfoTracer Business Solutions fast-tracks even the most elaborated data search process, delivering industry's most wide-ranging informative reports fast and through a transparent pay-as-you-go pricing model that excludes any hidden fees or obligations," said Levon Gasparian, the founder of InfoTracer.com.
  • Vetted InfoTracer enterprise customers will save more time, money, and energy by gaining access to a hassle-free fully guided onboarding that includes a $50 welcome bonus credit.
  • We're continuously working on delivering remarkably accessible, simple, and fast data reports on a convenient pay-as-you-go base that saves our customers' time and money.

Skrebutenas joins LISC to lead affordable housing work

Monday, September 13, 2021 - 9:04pm

NEW YORK, Sept. 13, 2021 /PRNewswire/ -- The Local Initiatives Support Corporation (LISC) has named Michael Skrebutenas, a long-time national affordable housing leader, as its new senior vice president for housing.

Key Points: 
  • NEW YORK, Sept. 13, 2021 /PRNewswire/ -- The Local Initiatives Support Corporation (LISC) has named Michael Skrebutenas, a long-time national affordable housing leader, as its new senior vice president for housing.
  • Skrebutenas will draw on his 25 years of experience to lead LISC's work investing in and advocating for quality rental and for-sale housing across the country.
  • He will work on key systemic and policy issues, help assemble vital housing capital, and oversee products and services to help LISC's community-based partners meet critical affordable housing goals.
  • Prior to his work at CPC, Skrebutenas was executive deputy commissioner/president at New York State Housing and Community Renewal.

The Latest IBD/ TIPP Poll Shows Economic Optimism Dives 9.5%, Returning to Negative Territory for the First Time Since December 2020

Wednesday, September 8, 2021 - 3:00pm

The IBD/TIPP Economic Optimism Index , a leading national poll on consumer confidence, dropped for the third consecutive month.

Key Points: 
  • The IBD/TIPP Economic Optimism Index , a leading national poll on consumer confidence, dropped for the third consecutive month.
  • The Presidential Leadership Index took an even bigger hit than the Economic Optimism Index in September, falling 15.8% overall.
  • President Bidens approval rating is now in negative territory for the first time (49.8, down from 58.7 last month).
  • The IBD/TIPP Economic Optimism Index is based on a survey of about 1,300 adults conducted using a network of online panels.

Practising Law Institute Offers Timely One-Hour Briefings on Immigration Pathways for At-Risk Afghans and Pandemic Eviction Defense

Wednesday, September 1, 2021 - 10:23pm

NEW YORK, Sept. 1, 2021 /PRNewswire/ --Practising Law Institute (PLI), a nonprofit leader in continuing legal education, is responding to current events with two timely One-Hour Briefings.

Key Points: 
  • NEW YORK, Sept. 1, 2021 /PRNewswire/ --Practising Law Institute (PLI), a nonprofit leader in continuing legal education, is responding to current events with two timely One-Hour Briefings.
  • These programs, presented by expert faculty, will cover immigration pathways for at-risk Afghans and the latest developments in pandemic eviction defense.
  • PLI also makes pro bono programs available at no cost to qualified individuals and organizations through its scholarship program.
  • Practising Law Institute is a nonprofit learning organization dedicated to keeping attorneys and other professionals at the forefront of knowledge and expertise.