The Federal Reserve took assertive action recently, announcing additional upcoming measures to be implemented in an effort to mitigate the negative economic effect of the COVID-19 outbreak. These actions include several of those recently proposed by the Mortgage Bankers Association (MBA). The Federal Open Market Committee (FOMC) released an official statement detailing sweeping new measures …

[COVID-19] Federal Reserve Takes Proactive Approach to Blunt Economic Impact of COVID-19 – What Private Lenders Need to Know Read More »