Industry News

One of New Hampshire’s Biggest Brokerages Goes Remote

March 23, 2020 | Reprints | Unlock Link

Due to the coronavirus outbreak, Berkshire Hathaway Verani Realty has gone to essentially fully remote operations.

Banks to Receive CRA Credit for COVID-19 Lending

March 20, 2020 | Reprints | Unlock Link

Banks responding to the needs of low- and moderate-income communities during the economic crisis caused by the coronavirus will receive credit for these activities under the Community Reinvestment Act, according to a joint statement from the three federal bank regulators.

How Long Will America Be Fighting the Coronavirus?

By The Associated Press | March 19, 2020 | Reprints | Unlock Link

What may be more feasible is a plan for intermittent restrictions and enhanced monitoring to control the disease.

Simon Property Group Temporarily Closes All NH Properties

March 18, 2020 | Reprints | Unlock Link

One of the country’s largest operators of malls announced it is closing its U.S. properties temporarily due to the coronavirus outbreak.

Foreclosures and Evictions Suspended for 12 Months on GSE-Backed Mortgages

March 18, 2020 | Reprints | Unlock Link

Homeowners with mortgages backed by Fannie Mae and Freddie Mac won’t have to worry about foreclosures or evictions during the coronavirus crisis.

Sununu Bans Dine-In Restaurant Meals Until April 7

By The Associated Press | March 16, 2020 | Reprints | Unlock Link

Restaurants will be restricted to take-out, schools are shut down and large public gatherings are being banned in an effort to contain the coronavirus before it spreads further in the state.

Hotels, Retail and Tech Vulnerable to Coronavirus Impact

By Steve Adams | March 4, 2020 | Reprints | Unlock Link

Disruption to U.S. commercial real estate markets from the coronavirus outbreak will hit the hotel and retail industries hardest initially and cause supply chain disruptions that could affect the tech sector.

Fed Cuts Benchmark Interest Rate by Half Point

March 3, 2020 | Reprints | Unlock Link

The Federal Open Market Committee this morning cut the benchmark federal funds rate by half a percentage point in response to concerns the coronavirus outbreak could slow global markets.