CARES Act Protections Affecting Residential Mortgage Servicers - Mortgage Banker Magazine

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In response to the global COVID-19 pandemic, on March 27, 2020, President Trump signed into law the “Coronavirus Aid, Relief, and Economic Security Act” (CARES Act). The CARES Act addresses sweeping economic stabilization, small business lending, and other direct financial support, tax provisions, healthcare, or other provisions. Below, we summarize the key provisions of the …