The Basis Point

LINKAGE

Fed’s Coronavirus jobs outlook: 47 million jobs lost, 32% unemployment

LINKAGE

You Can Pause Mortgage Payments But Mortgage Industry Will Need Bailout

Fed Chief Jerome Powell won’t run out of rescue funds: “That doesn’t happen”

When it comes to this lending we’re not going to run out of ammunition. That doesn’t happen.

SHOCKING CHART: 3.2 million jobless claims in one week from coronavirus

WHAT DO PEOPLE & COMPANIES GET FROM $2 TRILLION CORONAVIRUS RELIEF?

LINKAGE

Zillow CEO Rich Barton on weathering coronavirus storm

Linkage: Wave Of Missed Payments Will Crush Lenders

<img data-src='https://thebasispoint.com/wp-content/uploads/2018/02/Linkage_o.ooo_NEW.png' class='lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img src="https://thebasispoint.com/wp-content/uploads/2018/02/Linkage_o.ooo_NEW.png"/>

Curb Your Enthusiasm’s JB Smoove with a motivational quote for the motherf**kin ages

We haven’t got a lot of time to achieve things and if you sit there and dwell on some shit that ain’t gonna matter in a month or two, it’ll fuck your shit up.

Coronavirus Rental, Mortgage & Credit Card Payment Relief Coming Fast: UPDATES

Will coronavirus mortgage & eviction relief prevent a total meltdown like in 2008?

U.S. ECONOMY TO SHRINK 24% FROM APRIL to JUNE 2020: Goldman Sachs

When do we get coronavirus relief checks? How do you avoid scams?

LOL! Trump Quietly Checks With Aides To Make Sure He’d Be Included In Receiving $1,000 Government Checks

Hedge fund titan Bill Ackman says coronavirus will kill 1 million Americans if U.S. doesn’t shut down everything for 30 days

Linkage: Trump signs Coronavirus relief law

<img data-src='https://thebasispoint.com/wp-content/uploads/2018/02/Linkage_o.ooo_NEW.png' class='lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img src="https://thebasispoint.com/wp-content/uploads/2018/02/Linkage_o.ooo_NEW.png"/>

Redfin pauses iBuyer biz that instantly buys homes from sellers & provides 9 real-time housing outlook stats

What San Francisco Coronavirus Lockdown Signals For Other Cities

BRIEFING on Fed’s Meltdown Prevention: cuts overnight rates to 0%, will buy $700b in bonds to keep mortgage rates super low

Linkage: Coronavirus money advice & stimulus updates

<img data-src='https://thebasispoint.com/wp-content/uploads/2018/02/Linkage_o.ooo_NEW.png' class='lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img src="https://thebasispoint.com/wp-content/uploads/2018/02/Linkage_o.ooo_NEW.png"/>

“I don’t take responsibility at all” isn’t Trump’s downfall. It’s his greatest strength.