Author: Alex Carlucci

BREAKING NEWS: Illinois In No Hurry To Reopen State Hurting Business Owners Illinois In No Hurry To Reopen State under the directives of Governor JB Pritzker. The U.S. economy was thriving prior to the COVID-19 pandemic Most states were enjoying the revenues from the booming economy Republican-led states such as Indiana, Florida, Georgia, Tennessee, Texas,…

BREAKING NEWS: Illinois Governor Extends Stay At Home Order Lock Down Illinois Governor Extends Stay At Home Order for another month while other states are aggressively reopening. All state governors issued a state of emergency and their governors issue stay at home executive orders for 30 days Under the constitution and laws, a governor can…

BREAKING NEWS: Property Tax Relief For Illinois Homeowners During Pandemic Good news for Illinoisans is Property Tax Relief For Illinois Homeowners During Pandemic may be seen in 2020. Illinois has the second highest property tax rate in the country Only New Jersey has higher property taxes The economy was booming prior to the pandemic Many…

BREAKING NEWS: House Democrats Pass 3 Trillion Stimulus Coronavirus Bill House Speaker Nancy Pelosi led House Democrats Pass 3 trillion stimulus coronavirus bill. The bill narrowly passed the House on Friday, May 15th Nancy Pelosi and Democrats are capitalizing and politicizing the coronavirus pandemic at the expense of U.S. taxpayers Included in the bill are…

BREAKING NEWS: Wisconsin Supreme Court Rules Against Governors Executive Order Wisconsin Supreme Court Rules Against Governors Executive Order on Wednesday, May 13 angering Tony Evers and his administration. Governor Tony Evers was adamant in extending his emergency stay at home order The Wisconsin Supreme Court ruled in blocking Governor Tony Evers Safer at Home extension…

Breaking News: Housing Market During Pandemic Expected To Remain Strong There is no doubt that the Housing Market During Pandemic got hurt like all other industries. Over 30% of our borrowers who were fully qualified and pre-approved at Gustan Cho Associates suspended their home shopping process until further notice Housing Market During Pandemic decreased at…

BREAKING NEWS: Economic Coronavirus Impact On Americans And Businesses The Economic Coronavirus Impact On Americans is beyond devastating. Prior to the coronavirus pandemic, the U.S. economy was booming Unemployment rates hit an all-time record low at under 3.5% The Dow Jones Industrial Average surpassed the 29,000 mark this February 2020 HUD and the Federal Housing…

BREAKING NEWS: Illinois Demands Pension Bail Out As Part Of Pandemic Aid The U.S. economy was booming prior to the coronavirus pandemic. Just this past February 2020, the Dow Jones Industrial surpassed 29,000, setting an all-time historic high Millions of worker’s 401k’s have almost doubled since President Trump took office in January 2017 Unemployment numbers…

BREAKING NEWS: Jumbo Loans During Coronavirus Pandemic Mortgage Crisis Jumbo Loans During Coronavirus Pandemic is an issue. The high-end housing market was booming prior to the coronavirus pandemic High-end homes were very much in demand Custom home builders were having record sales year after year The economy was the best ever prior to the coronavirus…

BREAKING NEWS: FHFA Rescue Mortgage Servicers Liquidity Concerns Due To Pandemic Included in President Trump’s 2.2 trillion coronavirus pandemic stimulus package was a law that gives homeowners the right to skip and defer mortgage payments for up to one year. The mortgage forbearance clause in the phase three stimulus package allows homeowners affected by the…

 BREAKING NEWS: The Coronavirus Stimulus Bill To Help Consumers And Homeowners Stocks are surging on news the Coronavirus Stimulus Bill was passed in the Senate. So what does this mean to American consumers and businesses? The stock markets had winning days for the past three days However, the mortgage markets are beyond chaos with uncertainty…