Kansas
Fannie Mae and Freddie Mac are offering new deferral options for mortgage payments. The deferral option starts on July 1, reports the American Bankers Association. Borrowers will reportedly have a variety of mortgage-payment options, says the American Bankers Association. Read…
more
The Small Business Administration is scrutinizing PPP loans that were administered. "Those loans—which have been marked by SBA as being in “research” status—must be reviewed for accuracy and completeness. A lender should verify the borrower’s name, EIN or Social Security…
more
April was a peak for China’s coronavirus lockdowns, not just in the US, but also worldwide. With lockdowns somewhat easing in May, a limited rebound is already underway. However. it will be at least another week or two before we…
more
Dave Toland is the Kansas Secretary of Commerce. Q. We've heard about national, and international issues with the supply chain. How is KS specifically impacted and are there any differences? A. Factory production disruptions due to COVID-19 related shutdowns have…
more
During the first quarter, investment activity in commercial real estate decreased by 2.6 percent, though that slide is expected to decrease. Capitalization rates have dropped 47 basis points year over year, and multifamily and office transactions accounted for more than…
more
Preparing for the Major League Soccer season having a reboot, Sporting KC is starting to test players and staff for COVID-19. "All of our players and staff will be taking tests to see if they actually have the virus," said…
more
The unemployment picture doesn't seem like it will change in a significant way any time soon. For the week ended May 9, just under three million filed for unemployment insurance, reported the U.S. Department of Labor, following the prior week's…
more
Several hospitals are seeing major executive pay cuts due to the COVID-19 pandemic. "As the virus spread beginning in mid-March, the falloff in patient volume and a ban on lucrative nonemergency surgeries led many hospital chains to lose tens of…
more
Small college towns are apparently best-positioned to recover from COVID-19, according to Moody's Analytics. “The most dynamic recoveries may well bypass traditional powerhouses and take place instead in areas that either were or were poised to lead the way in…
more
The COVID-19 pandemic metrics suggest that Missouri and Kansas are emerging from the worst of the crisis. Will those trend lines hold as economic restrictions are lifted. The good news, to people starving for some amid the carnage of the…
more
