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MORTGAGE BANKERS ASSOCIATION OF NEW YORK


COVID19

First and foremost, the MBA of New York extends its hope that you and your families are safe and healthy during this COVID -19 outbreak, which is unprecedented in our lifetimes.  To those who have lost family, friends or acquaintances as a result of this outbreak, we offer our heartfelt condolences to you, and we wish you strength in the coming days and weeks. To those infected, we wish you a speedy and full recovery. 

We urge each of you to follow the well publicized steps to protect yourselves, your families and those around you.   Only once we have stopped the spread of the virus can we begin to address the impacts to our economy.  New York, New Jersey and Connecticut account for nearly 50% of all confirmed cases in the US, so the threat is very real, and we must act responsibly if we are to end its spread.

If you are reading this anywhere near realtime, you are almost certainly doing so from your cell phone or from the confines of your newly established home office.  You have, no doubt, experienced the challenges related to the vast majority of those you deal with now operating remotely, including banks, borrowers, attorneys, title companies,and consultants.  The breadth and depth of the disruption to not only the US economy, but to be certain, the global economy, has forced a fundamental and profound change in our ability and means of doing business. 

We at the MBA of New York want to keep you informed, and will post information or links to information of interest to the industry here on  our website.  Please feel free to check back periodically, to see what your peers and industry leaders are saying.

Once again, please stay safe and healthy, and look back here for periodic updates.

 

RELEVANT NEWS ITEMS:

  • Small Businesses Get Reprieve on SBA 504 Payments - 4-28-2020 GlobeSt.com

 

 

IMPORTANT INFORMATION & REFERENCE LINKS FOR COVID19 UPDATES:

NEW YORK STATE - https://coronavirus.health.ny.gov/hom

CDC - CENTER FOR DISEASE CONTROL - https://www.cdc.gov/coronavirus/2019-nCoV/index.html

HUD - https://www.hud.gov/coronavirus

API - https://www.appraisalinstitute.org/news/coronavirus/

https://coronavirus.dc.gov/node/1464356


 

MBAofNY WEB SERIES "FOREBEARANCE & COVID 19 - WHAT CONSUMERS NEED TO KNOW"

  

Thank you to Sara Singhas of the Mortgage Bankers Association (DC)Alan Aubrey Kloss of National Credit Care, and Bonnie Nachamie, Esq., Board Member of the Mortgage Bankers Association of New York (MBAofNY).

 

Have questions?  Reach out to us at askmba@mbany.org



MBA Coronavirus (COVID-19) Resource Center

The Mortgage Bankers Association (DC) has developed this resource page to assist our member companies as they plan and prepare for the COVID-19 coronavirus disease. For more information,

click -  www.mba.org/coronavirusresources.

                                                                                                            
   



Since 1948, the Mortgage Bankers Association of New York continues to offer its members endless opportunities for networking and education. A broad spectrum of firms and individuals choose membership in the MBAofNY, including mortgage bankers and brokers, commercial and investment banks and other institutional lenders, title companies, attorneys, accountants, appraisers, environmental and construction advisory firms. The MBAofNY continues to be a great place for lenders, their clients and consultants to the industry to meet and share their collective knowledge of the business and get deals done.

 






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7/21/2020
to be Rescheduled -6th Annual Strategic Real Estate & Lending Summit -2020

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