COVID-19
Compass agents to have company-wide teleconference call with Reffkin The Real Deal reports that Compass has laid off 15 percent of its staff company-wide, blaming economic fall-out from COVID-19. In a move that is being echoed at many companies now across the U.S., CEO Robert Reffkin said he would forgo a salary entirely and executive…
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Title companies are considered an essential service along with appraisers, banks, and mortgage companies. Most of us are still conducting business and working hard for our clients. Like all businesses in Texas, the U.S., and the world, we are operating in a different way during this health crisis. We have a duty to take care…
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Commercial development and construction appear to not yet be affected by the novel coronavirus in Dallas-Fort Worth. But its lasting impact is still unknown. In fact, Stephen E. Sandherr, CEO of Associated General Contractors of America, said he believes halting construction — in the future — would not be good, despite the current state of the…
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By Phil CroneExecutive Officer, Dallas Builders Association The last week has been an extraordinary moment for our nation and for the Dallas Builders Association. The battle against this virus is an unprecedented challenge unlike anything we’ve seen in our lifetime. The Dallas Builders Association is doing everything in our power to keep the housing industry…
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As the nation’s economy unravels from the effects of Covid-19, here’s some good news: At least one major bank is offering consumer and small business clients mortgage relief and other consumer-friendly breaks. HousingWire reported late Thursday that Bank of America is offering clients a mortgage deferral program on loans in the bank’s portfolio: Bank of…
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