As of 3/26./2020 we may have a stimulus bill signed, which is the largest ever. Many industries, State Governments, small business, & individuals will get a bail out from this in the form of loans and grants.
How will this help with the lending industry? FHA will be the main outlet for Agency loans... But how will the private lender sector make out?
Will housing market collapse? What about the CRE market? Will SBA 504 save some of the CRE space?
SBA will be the main outlet for the business loans, backing up to $350B Not sure how much will be grant vs loans or 0% loans.
I have a feeling LendingWise & The Loan Post will be very busy for a while.