Sep 16, 2020 | COVID-19 Recovery Funds
The Actual Impact of COVID and PPP Proceeds To apply for and obtain a loan under the Paycheck Protection Program (PPP), applicants needed to certify that “[c]urrent economic uncertainty makes this loan necessary to support the ongoing operations of the...
Aug 10, 2020 | Claims and Disputes, COVID-19 Recovery Funds, Financial Services, Regulatory Compliance
Servicing of consumer finance loans has been an “in-person” activity historically, with the ability to physically wave a hand or raise a flag and have a supervisor walk over to assist with a particularly nettlesome customer issue. Moreover, handoffs between different...
Jun 2, 2020 | Claims and Disputes
Greg Halm writes about how the residential mortgage relief element of the CARES Act is being financed and the effect this may have on loan servicers. Read his Law360 article.
Apr 10, 2020 | COVID-19 Recovery Funds, Government Contracting
On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was enacted. Included in the CARES Act is a provision for $349 billion for small businesses through federally backed loans under the Paycheck Protection Program, a modified and expanded...
