One in five customers with conflicting mortgage deferrals

“They are the ones who concern us the most,” said one banker. These borrowers have typically lost their jobs due to the coronavirus, which means they are no longer earning enough income to meet their mortgage payments. Not only will they likely need the full six-month deferral on loan repayments, …

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Charlie Baker Supports COVID Leave, Supports Unemployment System

Governor Charlie Baker has backed $ 7 billion in loans to stabilize the unemployment insurance system, implemented a paid sick leave program for COVID-19 emergencies, and reduced the amount of premium increases to which employers are facing to finance the unemployment benefit system. The governor also dismissed sections of the …

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Lebanon wins over $ 11 billion in pledges in Paris

Through John Irish, Marine Pennetier PARIS (Reuters) – Lebanon on Friday won aid pledges exceeding $ 11 billion at a conference in Paris aimed at mobilizing international support for an investment program to boost its economy, the French president said Emmanuel Macron. The pledges include $ 10.2 billion in loans …

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