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What's Up With PPP?

On April 19, as Congress was debating how much funding to add to the Paycheck Protection Program (“PPP”), I argued that the funding under...

COVID is Not a Commercial Real Estate Crisis...Yet

As I’ve been thinking about the economic disaster that COVID has spawned, and its implications for commercial real estate, my thoughts...

Lessons from the Mortgage Crisis for Servicers During this Crisis

Servicers of all types of loans are on the front lines of the economic collapse Notwithstanding that, for once, we are living through an...

Small Business & COVID-19: What We're Doing Isn't Fair or Smart

Last Thursday, the Small Business Administration officially announced the inevitable: the Paycheck Protection Program (PPP), the Federal...

Will the Federal Government Turn the Virus into a Housing Crisis?

With memories of the last foreclosure crisis still fresh, policymakers working to address the current crisis have taken pains to protect...

Five Steps to Make the Most of the Paycheck Protection Program

First things first, let’s give credit where credit is due. A mere seven days after a bill became law, which itself moved through two...

Nonbank Lenders & the Paycheck Protection Program

Just over a week ago, the Treasury Secretary promised that “any FDIC bank, any credit union, any fintech lender will be authorized to...

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