Financial Institutions . . . In the News
- Rent and loan payment forbearance rules are not all the same. (Sun Journal 5.1.2020)
- Applications for rent relief have increased in the last few weeks. (Central Maine 4.29.2020)
- The Federal Reserve will disclose information on companies and localities that use the lending programs. (The Hill 4.23.2020)
- Along with limiting evictions, Governor Mills requests that all foreclosure action stop. (The National Law Review 4.27.2020)
- The Small Business Administration announced that 8,000 applicants’ information may have been breached. (PPH 4.21.2020)
- Mortgage payments are delayed by 2.9 million homeowners with backing from some institutions. (Maine Public 4.20.2020)
- The Small Business Administration reports that Trump supporters received a large sum of the federal assistance. (Maine Public 4.20.2020)
- Stimulus checks are keeping banking industry busy. (Mainebiz 4.16.2020)
- $20 billion set aside by large banks for defaults cause by the coronavirus. (PPH 4.15.2020)
- Portland City Council waits for State on freezing rents. (BDN 4.10.2020)
- JP Morgan raised the requirements for buying a new home. (The Hill 4.12.2020)
- $1 billion in small business loans have been approved. (PPH 4.10.2020)
- Payroll Protection Program approved loans for 1400 businesses in Maine. (Maine Public 4.10.2020)
- Governor Mills received a petition requesting a stop on evictions and foreclosures. (WABI 4.7.2020)
- Banks are struggling with the coronavirus stimulus programs. (The Hill 4.9.2020)
- Bar Harbor Bank & Trust releases financial educational materials geared for K-12. (BDN 4.8.2020)
- Paycheck Protection Funding creates many discussions in the House and Senate. (Maine Public 4.8.2020)
Topics: Current Events in Banking
