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Destination Guides And Trip Planning / Re: Lakewood, NJ Restaurants Master Thread
« on: December 31, 2020, 08:30:26 AM »Staff had COVIDBun is open again
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Staff had COVIDBun is open again
He moved to Florida. His company moved to Nashville.CALIFORNIA: After months of speculation, Elon Musk confirmed he moved to Texas during a virtual WSJ conference, while criticizing his former home of California.
— KolHaolam (@KolHaolam) December 8, 2020
Trump relocated to Florida, Away from NY
Ben Shapiro moved to Nashville, Tennessee, away from LA
Here's a link to the Feds list of approved banks:They all jumped to get approved but most have no interest in actually participating and issuing loans.
https://www.bostonfed.org/supervision-and-regulation/supervision/special-facilities/main-street-lending-program/information-for-borrowers.aspx#map
My understanding is that MSNLF and MSPLF loans can be unsecured, and that only MSELF Upsized Tranches must be secured. Of course finding a bank to do that might still be an issue.The fed is not requiring the loan to be secured in order for them to purchase 95% but the bank is still allowed to require collateral, because they are taking 5% of the risk.
I'm wondering if the Fed will revise the terms to give the banks less leeway as to what must be required seeing that there's so little enthusiasm.