• The July 2020 U.S. Foreclosure Market Report was released. (DS News 8.27.2020)
• Federal Chairman Jerome Powell shows a plan to bolster the economy for the long-term. (The Hill 8.26.2020)
• A May report shows mortgages with a 30-day delinquency

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Town & Country Federal Credit Union to host virtual money conference (Mainebiz 6.23.2020) Connected Credit Union and Winslow Community Federal Credit Union’s merger is effective June 27 and will be known as Connected Credit Union. (Mainebiz 6.23.2020) Maine…

• Rent and loan payment forbearance rules are not all the same. (Sun Journal 5.1.2020)
• Applications for rent relief have increased in the last few weeks. (Central Maine 4.29.2020)
• The Federal Reserve will disclose information on companies and localities

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• Hundreds of business owners filing federal aid applications with lenders. (Portland Press Herald 4.6.2020)
• Maine Securities Administrator Judith Shaw cautions to be careful of scammers. (Central Maine 4.6.2020)
• New Dimensions Federal Credit Union CEO Ryan Poulin greets members

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As state, federal, and local governments impose ever-greater limitations on business activities and mobility in order to lessen the spread of the coronavirus, the strain on the US economy has grown exponentially. Over the past several weeks, the stock market…

On Tuesday March 24, 2020, both the City of Portland and the State of Maine issued comprehensive new limitations on business establishments in order to further limit the spread of the coronavirus. Both actions were aimed at limiting the operation…

• The FDIC issued information for bankers and consumers regarding the coronavirus (COVID-19). (FDIC)
• In response to COVID-19, Maine banks and credit unions issued a joint statement on available services at financial institutions. (PPH 3.17.2020)
• The Federal Reserve

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