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Federal Resources

Federal News Updates

MSNBC: President Trump Calls on Congress to Approve $1,200 Stimulus Checks 

Brooks University: 10 Facts About COVID and the Economy

Wall Street Journal: The Covid Economy Carves Deep Divide Between Haves and Have-Nots

World Economy Journal: An Economist Breaks Down what COVID has Done to the Economy

Mortgage Relief options

Fannie Mae and Freddie Mac are offering multiple relief options for those who have been negatively impacted by COVID-19, which include:

  • Providing mortgage forbearance for up to 12 months

  • Waiving assessments of penalties and late fees

  • Halting foreclosure sales and evictions of borrowers until at least May 7, 2020

  • Suspending reporting to credit bureaus of delinquency related to forbearance

SBA Financial Options

Small businesses and nonprofits located in all Utah counties are now eligible to apply for low-interest loans/grants through the Small Business Administration.

For additional information, please contact the SBA at 1-800-659-2955 or work with your local financial institution.