To launder the funds, the U.S. Attorney’s Office says Rendon enrolled with a payroll processor to issue fraudulent checks to herself, friends and family. The agent faces up to 20 years in prison if convicted, though the government is reportedly recomme… Continue reading
This week, Byron Lazine and Nicole White discuss PPP loans, record-setting levels of home equity and a Montana Marketeer. Continue reading
More than $3.9 billion in pandemic-relief loans went to single-employee real estate entities, according to a new report. Nearly 80 percent of that amount was forgiven. Continue reading
MooveGuru, a company that works with brokerages and agents to help buyers and sellers move, wants agents to know they can still apply for a forgivable loan under the federal Paycheck Protection Program through May 31. Continue reading
The new stimulus bill includes $310 billion for the Paycheck Protection Program, which is supposed to help small firms through the pandemic. Continue reading
The money is meant to replenish the Paycheck Protection Program, a potentially important lifeline for real estate professionals. Continue reading
Loan Source has created a new application website for people hoping to get some of the cash lawmakers set aside for small businesses. Continue reading
Real estate businesses collectively won about 3.14 percent of the total funding lawmakers set aside to save small firms during the pandemic. Continue reading
The money was a potentially vital lifeline for vast numbers of real estate professionals. Unfortunately, it was also plagued by problems. Continue reading
National Association of Realtors President Vince Malta is calling on Congress to provide more funding for small business loan programs created by the CARES Act. Continue reading