(FILES) In this file photo taken on June 17, 2020 A pedestrian walks past the Bank of England in London on June 17, 2020. tolga akmen/Agence France-Presse/Getty Images The Bank of England on Thursday decided to extend the size of its bond purchase program by £150 billion as it warned …
Read More »HomeReady™ Loan Program
Fannie Mae, along with Freddie Mac, are the two largest buyers on home loans in the country. In order to compete with FHA loans, which requires just a 3.5% down payment, Fannie Mae created the HomeReady™ loan program requiring just a 3% down payment. In this article, we’ll explore the …
Read More »Capitol Report: McConnell, Rubio support House bill changing Paycheck Protection Program, but other Senate Republicans raise concerns
Some key Senate Republicans are throwing their support behind a bipartisan House bill that would give small businesses more time to use Paycheck Protection Program loans and let borrowers spend less of their loan proceeds on payroll, but other GOP senators have concerns about the measure, potentially preventing swift action …
Read More »Here’s what the ECB has been buying with the special pandemic asset-purchase program that it is set to expand
Analysts expect the European Central Bank to expand the capabilities of its €750 billion Pandemic Emergency Purchase Program when it meets on Thursday. A breakdown released by the central bank on Tuesday showed it is bought €235 billion ($ 263 billion) of assets through the end of May, with €103 …
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