The Employee Retention Tax Credit (ERC) is a refundable tax credit designed to reward business owners for retaining employees throughout the COVID-19 pandemic. The ERC is available to both small- and mid-sized businesses. It was signed into law on March 27, 2020, as part of the CARES Act. The bill … [Read more...] about 5.21.22: CONSIDER APPLYING FOR AN EMPLOYEE RETENTION CREDIT
3.28.16: Moody’s: Oil Slump a Moderate CMBS Credit Negative
Falling oil prices represent a moderate credit negative for commercial mortgage-backed securities collateral and will cause performance to deteriorate in some metros, according to Moody's Investors Service, New York. But a number of mitigating factors should limit the harm, including limited CMBS … [Read more...] about 3.28.16: Moody’s: Oil Slump a Moderate CMBS Credit Negative
4.13.15: Is Credit Quality Eroding for CMBS Conduit Loans
Last March we reported on deteriorating credit quality based on data provided by the rating agency Kroll. At that time, Kroll reported gradual deterioration over the prior year in underwriting standards for the 20 largest loans in Kroll-rated transactions, particularly at the lower end of the range. … [Read more...] about 4.13.15: Is Credit Quality Eroding for CMBS Conduit Loans
9.2.14: Credit Union Lending Way Up
The “Wall Street Journal” recently reported that U.S. credit unions are stepping up lending aggressively, posting loan growth of 9.8% in the second quarter of 2014, according to data released by the National Credit Union Administration (NCUA). That easily surpassed the 4.9% increase in loans … [Read more...] about 9.2.14: Credit Union Lending Way Up