Today marks 244 years of independence for the United States! The Fourth of July is a day in which the nation celebrates the anniversary of the Declaration of Independence signed in July 1776. In commemoration of Independence Day, the U.S. Census Bureau has released interesting facts about the Founding Fathers, the nation’s changing population and the various ways Americans celebrate this national holiday.
a Human Touch
The Perfect Balance
Industry experts were worried about a possible recession even before the advent of the COVID-19 crisis, and these discussions took place during the 2019 NAWRB Conference. Watch the newly released video featuring Moderator Desiree Patno, CEO & President of NAWRB, Advisor of Amicus Brain, Chairman of NDILC; and CSO of Zulu Time; Marina B. Walsh, Vice President of Industry Analytics, Research and Economics, at Mortgage Bankers Association (MBA); and Brian De Lucia, Managing Partner at Arrivato LLC, as they discuss how industries in the housing and real estate ecosystem can achieve social impact through data analytics, and other factors that could have contributed to today’s recession.
The House has unanimously passed a bill that will extend the Paycheck Protection Program (PPP) until August 8th, which was originally set to end on June 30th. The bill now awaits President Trump’s signature to officially extend the federal government program that provides forgivable loans to small businesses economically impacted by the COVID-19 crisis.
Tune in on Wednesday, July 1st, at 8 AM PST for Know the Rules of the GameⓇ Podcast: Black Bill of Rights with your host Desirée Patno, CEO & President of Women in the Housing & Real Estate Ecosystem (NAWRB), and Special Guest Jasper James, Co-Founder of Allies of Black Lives Matter and Activism Articulated, one of the only advocacy communications firms run by queer, mixed-race women of color. Jasper will enlighten audiences on the “Black Bill of Rights,” a conceptual framework meant to empower Black communities in all facets of American life. Listen: https://www.nawrb.com/podcast/.
Welcome to Know the Rules of the GameⓇ Podcast: Latest Rules on the SBA EIDL & PPP Loans with your host Desirée Patno, CEO & President of Women in the Housing & Real Estate Ecosystem (NAWRB). The CARES Act, which was signed into law by President Trump on March 27, 2020, established the SBA Economic Injury Disaster (EIDL) Loans & PPP (Paycheck Protection Program). These two programs have had several revisions during this extremely short time of processing millions of loans. On June 15th and June 5th, 2020 respectively, these SBA COVID-19 Relief Options issued additional guidelines and ease of processing. Listen here!
On June 19th, 2020, the U.S. Small Business Administration (SBA) and the U.S. Department of the Treasury made a joint announcement that they will make additional data public regarding the Paycheck Protection Program (PPP), in agreement with leaders of the U.S. Senate Small Business Committee. In doing so, they will make a concerted effort to facilitate the interests of both transparency of data and protection for small businesses who receive PPP loans.
In response to the PPP Flexibility Act of 2020, signed into law by President Trump on June 5, 2020, the U.S. Small Business Administration (SBA) posted a revised, borrower-friendly Paycheck Protection Program (PPP) loan forgiveness application. In addition to revising the full forgiveness application, SBA also published a new “EZ version” of the forgiveness application. “These changes will result in a more efficient process and make it easier for businesses to realize full forgiveness of their PPP loan,” states the SBA’s official press release.
Elder financial abuse is a growing problem, leaving destroyed relationships and economic destruction in its wake. From straightforward theft to slow development through complex relationships, the tremendous loss of wealth incurred by senior citizens results in premature deaths and intergenerational loss of wealth. It ultimately rips at the fabric of society as a whole as trust among family members and faith in financial institutions are destroyed.
The U.S. Small Business Administration (SBA) announced today that it has reopened the Economic Injury Disaster Loan (EIDL) and EIDL Advance program portal to all eligible U.S. small businesses, private non-profit organization or 501(c)(19) veterans organizations, who are experiencing economic impacts due to COVID-19. The EIDL program, established by the CARES Act, offers long-term, low interest assistance that can alleviate temporary loss of revenue and help cover payroll and inventory, pay debt or fund other expenses.
Tune in on June 17th, at 8 AM PST, for Know the Rules of the GameⓇ Podcast: Leading Through Crisis and Chaos with your host Desiree Patno, CEO & President of Women in the Housing & Real Estate Ecosystem (NAWRB) and Special Guest Davia Temin, President and CEO of Temin and Company – a boutique management consultancy that helps corporations and organizations create, enhance and save their reputations and coaches board directors and C-Suite executives.