The U.S. has promised aid, but “it seems unlikely that the machinery of government can move fast enough to process applications from millions of businesses.”

search unusual combinations of terms)Underwriter must make sound decisions on loans regarding the creditworthiness of borrowers while working closely with Retail MLO, and operations staff.Desired Skills, Experience, Or EducationOur ideal candidate will possess; Minimum of 4 years’ current conventional and government underwriting experience in a wholesale or retail environmentDE / SARS / LAPP designation preferredCurrent knowledge of RESPA and MDIA regulationsStrong knowledge in “A” Paper, FNMA/FHLM; FHA/VA programs beneficialProficiency with MS Excel, MS Word, Desktop Underwriter, Loan Prospector, and Calyx Point.2 years AUS experience.Working knowledge of “Empower” is a plusDemonstrate high volume productivity.Must be detail oriented, organized and work efficiently under pressure.Excellent written and oral communication skills.Strong organizational and analytical skills.Demonstrate an OUTSTANDING level of customer service skills.Work independently and be “self-motivated”.Stearns Lending is an equal housing lender and is licensed to conduct business in 49 states and the District of Columbia.

Its the government supported loans that they are asking people to not collect rent for a period of time.

But with unemployment at 4.4% and rising and the government injecting more than $2 Trillion into the economy now, and having been through this once before, we’re sitting tight until the dust settles.

@Anthony Wick yes, he has applied for unemployment, but we all know that is a short term solution and the government is gonna go broke again with all those needy hands out.

The Government/rich are obviously the #1 team.

IMO, the government is going about this all wrong.

I suspect when the quarantine ends and the held-back housing supply hits the market we'll see a dip in prices in the 2 to 4 months after that time... though there are a lot of factors that come into play that will dictate the actual outcome. (...consumer confidence, interest rates, local job growth, net population growth/loss, government restrictions, savings depletion, stock market growth, etc).

So it was once backed by a government loan and the previous owner had to let it go.

Aggressive government intervention can keep it going if they continue to release stimulus, but I don't know how far that goes.