Friday Headlines: Fed extends Main Street lending program
Financial Times: Federal Reserve extends $600bn main street lending programme CNBC.com: Wells Fargo will no longer accept applications for home equity lines of credit Wall Street…
Thursday Headlines: Powell says economy likely needs more help from Fed
CNBC.com: Powell says the economy will likely need more support from the Fed for the recovery to be ‘robust’ Wall Street Journal: Cash-Hungry Companies Reach for…
Wednesday Headlines: Fed weighs next steps on economy
New York Times: Fed Weighs Next Steps to Fortify Economy Shaken by Virus Financial Times: SEC abandons key plank of proposal to curb proxy advisers Wall…
Tuesday Headlines: SBA loan system crashes under record volume
New York Times: Bankers Rebuke S.B.A. as Loan System Crashes in Flood of Applications Wall Street Journal: Companies Are Suspending Dividends at Fastest Pace in Years…
Monday Headlines: Lenders work through mortgage refi backlog
Financial Times: US lenders work through mortgage refinancing backlog CNBC.com: Discover card CEO details shocking drop in consumer spending with travel category down 99% Wall Street…
Friday Headlines: Super-low rates to last into 2023, economists say
Bloomberg: Fed’s Near-Zero Rates to Last into 2023, Economists Predict Wall Street Journal: Fed to Disclose Loan Amounts, Borrowers on Business Lending Programs CNBC.com: JPMorgan tells…
Thursday Headlines: Card lenders cut credit limits as economy slows
Wall Street Journal: House Set to Approve $484 Billion Bill to Aid Small Businesses, Hospitals Bloomberg: Credit Cards Start Cutting Limits for People Facing Tough Times…
Wednesday Headlines: LendingClub cuts workforce by 30%
CNBC.com: LendingClub slashes roughly 30% of workforce as Covid-19 dampens demand for loans New York Times: Mortgage Firms Get a Reprieve on Paying Investors Financial Times:…
Tuesday Headlines: Fed set to buy home loans in forbearance
Wall Street Journal: Fannie, Freddie May Soon Buy Home Loans in Forbearance to Help Mortgage Firms Bloomberg: The Fed Is Buying $41 Billion of Assets Daily…
Monday Headlines: JPMorgan says it has $26 billion in unfunded loan applications
CNBC.com: JPMorgan says it has $26 billion in small-business relief applications that need funding Bloomberg: CLO Reckoning Arrives: Downgrade Wave Tests $700 Billion Market Financial Times:…