Category: Industry Related

Read the Fine Print: May Jobs Report Paints Inaccurate Picture of Unemployment Rate

The May jobs report from the Bureau of Labor Statistics was surprisingly strong judging from the headline numbers. As Michael Eisenband of FTI Consulting explains, a more thorough reading of the report shows that the unemployment rate was not entirely accurate. He points out the discrepancies and explains how this “economic happy talk” could lead to painful results in the long-term.

Loan Modifications and Forbearance Agreements in the Age of COVID-19

The COVID-19 pandemic has caused a great deal of financial stress for borrowers, which means loan modifications and forbearance agreements have become necessities. Inez M. Markovich of McCarter & English and Howard Brod Brownstein of The Brownstein Corporation outline what lenders and borrowers should expect.