Under the terms of the pledge, housing lenders affirm they may provide the following for eligible mortgage holders who demonstrate a significant financial impact from the pandemic:Grace Period for Mortgage Payments: Offer deferred payments with repayment terms that avoid immediate repayment at the end of the deferral period.Suspension of Foreclosures: Provide relief from foreclosure filing until May 31, 2020.Neutral Reporting to Credit Agencies: No reporting late payments to credit reporting agencies, consistent with applicable guidelines, for residential borrowers taking advantage of COVID-19 related relief, provided that loans that were delinquent prior to deferral will continue to be reported as delinquent.No Late Fees for Missed Payments: Provide relief from mortgage-related fees.The following organizations have committed to the Chicago Housing Solidarity Pledge:Bank of AmericaBMO Harris BankByline BankCIBCFifth Third BankFirst Eagle BankFirst Midwest BankNorthern Trust BankPNCUS BankWintrust BankSecond Federal Credit UnionSeaway Credit UnionLawyers Committee for Better Housing (LCBH)Chicagoland Apartment Association (CAA)Neighborhood Building Owners Alliance (NBOA)Chicago Association of REALTORS (CAR)Here's a link to the announcement:  Press Release

Please note that the account into which the funds are deposited must be the same type of account from which the funds were first withdrawn (e.g. withdrawal of pre-tax funds from a 401k could be deposited in a pre-tax IRA but not a Roth IRA - "like to like").Loans:Payments on a 401k loan taken under the CARES Act must be paid back starting in 2021 over a 5 year term.Here are the details regarding the loans:NEW LOANS:The CARES Act which was enacted to provide relief to individuals impacted by COVID-19 allows for increased 401k loans and more flexibility for repayment of these loans.Specifically, you must be an individual who meets one of the following conditions to demonstrate that you have been impacted by the crisis (and it will be your responsibility to retain documents in your files that demonstrates that you are a qualified individual):Individual who is diagnosed with COVID-19, with a CDC-approved test;Individual whose spouse or dependent is diagnosed with COVID-19, with a CDC-approved test; ORIndividual who experiences adverse financial consequences as a result of being quarantined, furloughed, laid off, having work hours reduced, being unable to work due to lack of child care due to COVID-19, closing or reducing hours of a business owned or operated by the individual due to COVID-19; or other factors as determined by the Treasury Secretary.On or before September 23, 2020, such individuals take a 401k participant loan subject to the following terms:Maximum Amount of the Loan: 100% of their 401k balance not to exceed $100,000.

It demonstrates the stress and pain that sometimes comes with hard work, following your intuition, and taking risks.What a shady move on the sellers part.

If we recorded a quitclaim deed signed by my wife (signalling her lack of ownership in the property) could I then demonstrate sole ownership of the parcel (and thus not violate the related-parties prohibition for an exchange?)

Make sure the sponsor has a well thought out communication plan that can be clearly demonstrated. 

I thought the article did a decent job of demonstrating dissenting data and how the NET effect of everything is a burden on the taxpayer.

An overall D/E ratio or global cash flow that demonstrates margin for downside risk may be in order...right?

This is, almost by definition, characteristic of cultist behavior and demonstrates a lack of critical reasoning skills.There is also the blanket "uneducated" statement that gets tossed around when the "liberal" one fails the acid test.

I realize this is unlikely, but it demonstrates that a blanket "optimal" strategy is hard to identify in the real world.

The update also included the PM explaining that the tenant had vacated the property on the 17th so I had every right to enter the home as I pleased, which demonstrated that he didn't know about the tenant's right to hand the keys off to a 3rd party while the home was still in her possession either.