He was Assistant Treasury Secretary in 2008 and "he learned two lessons from the 2008 financial crisis that are relevant today: The government was too slow and too timid in responding, and the government's targeted help to homeowners who needed it most did not help enough people."

One method is to take the reduction in profit and sales and factor out a percentage of lost business from the so called Covid crisis and then offer that number to the tenant.

We're not in a financial crisis. 

And you, as a group have the audacity to try and pass the buck along to another group of hard working Americans, the nurses, truck drivers, the sanitation workers, who are doing all they can during this time of crisis to keep this great nation afloat.

This is a time of crisis, right?

The issue will be the degree to which a property is affected by the crisis slowdown. 

Maybe you arnt familiar with whats going on in the country with the Covid19 crisis? 

I believe the $6 trillion is being tossed around as what someone from the Fed said it will actually take to get through the crisis.

.’ - James Jacobs, LazardJust wanted to share my experience and ask the wisdom of the crowd, how is everyone out there navigating this market during the current health/market crisis?

The Coronavirus Meltdown The current Coronavirus crisis is having a critical impact on the Mortgage Industry, which could potentially make the 2008 financial crisis pale in comparison.