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C.A.R. statement on FHFA’s move for GSEs to grant flexibilities for appraisal and employment verifications

LOS ANGELES,– In an effort to provide market liquidity during the coronavirus emergency, the Federal Housing Finance Agency (FHFA) directed Fannie Mae and Freddie Mac to provide alternative flexibilities to satisfy appraisal requirements and employment verification requirements through May 17, 2020. The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today issued the following statement in response to the FHFA’s announcement: “C.A.R. thanks … Continue reading C.A.R. statement on FHFA’s move for GSEs to grant flexibilities for appraisal and employment verifications

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Boys & Girls Clubs In Minnesota Partner With Local School Districts to Provide Emergency Services Childcare During COVID-19 School Closure

ATLANTA,– Boys & Girls Clubs all across the country are responding to the needs of young people and their families during the COVID-19 pandemic. As a part of that response, Clubs are partnering with local school districts and government agencies to identify what those needs are. For example, Boys & Girls Clubs of Central Minnesota has teamed … Continue reading Boys & Girls Clubs In Minnesota Partner With Local School Districts to Provide Emergency Services Childcare During COVID-19 School Closure

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Landry & Kling Facilitating Ship Charters for Coronavirus Relief

MIAMI,– During the unprecedented coronavirus pandemic, there is growing concern about the projected lack of hospital beds in hard-hit areas. Cruise ships can serve as temporary health care facilities or “floating hospitals” to treat non-COVID-19 patients’ dockside. This will increase bed capacities in land-based hospitals to accommodate the influx of new patients who require critical care. … Continue reading Landry & Kling Facilitating Ship Charters for Coronavirus Relief

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ATA Truck Tonnage Index Rose 1.8% in February

ARLINGTON, Va.,– American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index rose 1.8% in February after falling 0.3% in January. In February, the index equaled 119.1 (2015=100) compared with 116.9 in January. “Before any impacts from COVID-19, truck tonnage had a solid month in February,” said ATA Chief Economist Bob Costello. “Last month, solid housing … Continue reading ATA Truck Tonnage Index Rose 1.8% in February

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Lowe’s Prices $4 Billion Notes Offering

MOORESVILLE, N.C.,– Lowe’s Companies, Inc. (NYSE: LOW) announced today it has agreed to sell $750 million of 4.000% Notes due 2025, $1.25 billion of 4.500% Notes due 2030, $750 million of 5.000% Notes due 2040 and $1.25 billion of 5.125% Notes due 2050 (collectively, the “Notes”). Estimated net proceeds from this offering will be approximately $3.955 billion, after deducting offering expenses and underwriters’ discounts. Lowe’s plans … Continue reading Lowe’s Prices $4 Billion Notes Offering

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Red Roof® Launches Student Support Program, Offering Discounts to Help College Students Across the Nation Find Alternative Housing

COLUMBUS, Ohio,– Red Roof®, the leader in upscale economy lodging, understands the difficulty of this uncertain time, especially for university and continuing education students who were suddenly displaced as a result of campuses closing due to CDC protocols in response to COVID-19. Mandated closings of schools across the country have left many with nowhere to go, … Continue reading Red Roof® Launches Student Support Program, Offering Discounts to Help College Students Across the Nation Find Alternative Housing

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OfferUp and letgo Combine US Marketplaces to Deliver A Better Buying and Selling Experience For More Than 20 Million Monthly Users

SEATTLE and NEW YORK,– OfferUp and letgo, two of America’s most popular apps to buy and sell locally, have announced their intention to combine their US businesses. OLX Group – the classifieds business of Prosus and letgo’s majority investor – will own 40% of the combined entity.   The combination will create a leading mobile marketplace supporting more … Continue reading OfferUp and letgo Combine US Marketplaces to Deliver A Better Buying and Selling Experience For More Than 20 Million Monthly Users

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Practising Law Institute Provides Free Access To Hot-Topic Briefings Covering Legal Developments Related To The Global Coronavirus Crisis

NEW YORK,– Practising Law Institute (PLI) is pleased to provide programming at no cost to the legal community, covering legal developments related to the global coronavirus crisis. Current program topics include diverse offerings ranging from the cyber-risks of working from home in light of COVID-19, to the virus’s impact on the current shareholder activism environment, … Continue reading Practising Law Institute Provides Free Access To Hot-Topic Briefings Covering Legal Developments Related To The Global Coronavirus Crisis

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Treehouse Adapting to Serve Students in Foster Care Statewide During COVID-19 Crisis

SEATTLE,– Treehouse is responding to the challenges of COVID-19 as impact is felt by children and youth in foster care. That includes funding immediate needs—such as rent assistance—shifting to connect with youth using remote strategies because of school closures and working with schools to meet emerging education needs. “Everything is changing day to day, and the … Continue reading Treehouse Adapting to Serve Students in Foster Care Statewide During COVID-19 Crisis

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St. Jude Inspire shares new heartwarming acts of humanity on ‘Inspired by Your Kindness’ blog

MEMPHIS, Tenn.,– So often the recipient of acts of kindness, generosity, thoughtful words and support from around the world, St. Jude Children’s Research Hospital® hopes to give back to the world in this time of need. St. Jude Inspire is proud to launch a new blog series, ‘Inspired by Your Kindness’ to showcase stories of hope and encouragement that can … Continue reading St. Jude Inspire shares new heartwarming acts of humanity on ‘Inspired by Your Kindness’ blog

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