Resource Archives
Phase 3.5 Completed, Lookahead To Phase 4
The president signed the Paycheck Protection Program and Healthcare Enhancement Act after the House passed the bill by a margin of 388-5 on April 23 and the Senate passed the bill by unanimous consent on...
Mortgage Servicers Hold Out Hope for Government Liquidity Backstop
Mortgage servicers remain hopeful that the U.S. government will deliver a liquidity backstop within the next few days.
President Trump Signs Paycheck Protection Program and Health Care Enhancement Act
President Donald Trump signed H.R. 266, the Paycheck Protection Program and Health Care Enhancement Act into law. The legislation, which replenishes funds for the small-business loan program and allocates more money for health-care providers and...
House Passes the Paycheck Protection Program and Health Care Enhancement Act of 2020
The House of Representatives passed the Paycheck Protection Program and Health Care Enhancement Act of 2020 on a 388-5 vote.
27 Democrats Push for Liquidity Facility To Aid Mortgage Servicers
Representative Denny Heck (D-WA, 10) led a joint letter to the heads of multiple federal agencies including, Treasury Secretary Steve Mnuchin, Federal Reserve Chairman Jerome Powell, and Federal Housing Finance Agency Director Mark Calabria, urging...
Fed Outlines Plan for Facilities’ Extensive and Timely Public Information
On Thursday, April 23, the Federal Reserve (Fed) released a statement outlining information they will publicly disclose regarding lending and liquidity facilities that use CARES Act funding.
27 New Democrats Call for Mortgage Servicer Liquidity Facility
On April 23, Representative Denny Heck (D-WA, 10) led a joint letter to the heads of multiple federal agencies, urging the federal government to create a liquidity facility that servicers can draw upon to access...