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Powell Warns of a Possible Sustained Recession From Pandemic 05/15/2020

Federal Reserve Chair Jerome Powell warned

Powell Warns of a Possible Sustained Recession From Pandemic Federal Reserve Chair Jerome Powell warned of the threat of a prolonged recession resulting from the viral outbreak and urged Congress and the White House to act further to prevent long-lasting economic damage

Wells Fargo will no longer accept applications for home equity lines of credit 05/02/2020

https://www.cnbc.com/2020/04/30/wells-fargo-says-it-will-no-longer-accept-applications-for-home-equity-lines-of-credit.html?__twitter_impression=true

Wells Fargo will no longer accept applications for home equity lines of credit Banks have been retreating from loans tied to housing as the coronavirus pandemic impacts home values and the creditworthiness of borrowers.

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