Coronavirus Coverage
The Registry Review’s coverage of the coronavirus outbreak’s impact on the real estate and finance industries, and the local economy.
As Rent Payments Dip, Apartment Landlords Seek Assistance Fund
Two national organizations that represent apartment landlords are asking lawmakers for a new stimulus package aimed directly at households that are struggling to pay the rent because of the economic effects of the COVID-19 epidemic.
MBA CEO: Calabria Comments on Servicer Liquidity ‘Troubling’
The Mortgage Bankers Association says comments by the Federal Housing Finance Agency director that the government would not provide liquidity to mortgage servicers are “troubling.”
Virus Ripples Create Safe Harbors, Risky Sectors in CRE
As New Hampshire non-essential businesses shut down to contain the spread of the new coronavirus, the retail and hospitality sectors are expected to bear the brunt of the short-term effects.
Lenders Turn to Personal Loans to Help Customers
While stay-at-home advisories and the closing of nonessential businesses have focused recent attention on the hardships of small businesses, the coronavirus outbreak also highlights the financial situations of individuals with low- and moderate-incomes.
Hotels Expected to Lead Commercial Loan Defaults
Economic disruption associated with the COVID-19 pandemic will hit the hotel sector hardest of any commercial real estate sector with nearly 35 percent of mortgages likely to default by 2024, according to an analysis released this week.
Banks Get Extension to File Annual, Quarterly Call Reports
With federal and state regulators encouraging banks and credit unions to support customers during the coronavirus pandemic, agencies have in turn relaxed some of the filing deadlines for financial institutions.
One of New Hampshire’s Biggest Brokerages Goes Remote
Due to the coronavirus outbreak, Berkshire Hathaway Verani Realty has gone to essentially fully remote operations.
Banks to Receive CRA Credit for COVID-19 Lending
Banks responding to the needs of low- and moderate-income communities during the economic crisis caused by the coronavirus will receive credit for these activities under the Community Reinvestment Act, according to a joint statement from the three federal bank regulators.
How Long Will America Be Fighting the Coronavirus?
What may be more feasible is a plan for intermittent restrictions and enhanced monitoring to control the disease.
Simon Property Group Temporarily Closes All NH Properties
One of the country’s largest operators of malls announced it is closing its U.S. properties temporarily due to the coronavirus outbreak.