What happens when millions of people can’t make loan payments?
Publisher |
Marketplace
Media Type |
audio
Categories Via RSS |
Business
News
Publication Date |
Apr 03, 2020
Episode Duration |
00:27:00

We got the March jobs numbers this morning — 4.4% unemployment, more than 700,000 jobs lost, and it’s going to get a lot worse. Lenders are bracing themselves for missed mortgage payments and investors are avoiding loans that aren’t backed by the government. Today, we’ll dig into the economic ripple effects. Plus, small businesses trying to apply for emergency loans and the impact of COVID-19 on both funeral homes and the ad industry.

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