RMBS May yet qualify to get some of that free loan money from the Fed | RMBS Message Board Posts

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Msg  791630 of 791730  at  6/30/2020 7:21:01 PM  by

nxt999nxt


RMBS May yet qualify to get some of that free loan money from the Fed


The EBITDA test seemed like it disqualified them.

But now maybe some no interest loan money or even forgivable funds could be captured.

“Powell and Mnuchin also said it was evaluating offering an asset-based test for program eligibility, acknowledging that the existing EBITDA test may not be appropriate for some types of borrowers.“


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Msg # Subject Author Recs Date Posted
791631 Re: RMBS May yet qualify to get some of that free loan money from the Fed shabby 3 6/30/2020 7:45:34 PM






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