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I agree a 25% opening probably doesn't create much of a lift in revenue, but it still should be improvement. If restaurant was already open for takeout today, they don't need more cooks, they have the same rent (either way), so just run with a reduced server staff and maybe you get a little...

Just to point out, Swine Flu projections were much less severe than current COVID projections. Lets all hope the projections are wrong and one day we discover we over-reacted vs. the alternative.  Insurance companies have been running pandemic assessments for years and in those scenarios you are...

I'm somewhat optimistic we will see some treatments before the vaccine (mainly because Vaccine is just going to take more time than we think given clinical trials around LT safety vs. a vaccine from existing medication). The one Trump keeps hyping seems like vapor ware, however, I have read in...

Anyone comparing this to the flu needs to understand two things. One, we actually have a vaccine for the flu and it still kills somewhere between 20-60K per year in US (over a 4 month window) while infecting 10-40M people per year in US.  This new virus has a higher mortality rate, is more...

You are right in the sense that you are going to have secondary impacts, but I'll take secondary impacts vs. the Financial crisis where the big banks were at massive risk and you had real concerns about an entire crash of our entire financial system.  As a result of all the changes, we've seen...

IT isn't needed. The banks are all getting relief in their capital obligations from special changes the accounting regulatory body has made. This will enable mortgagers to adjust the terms of the loan (i.e., extend the payment) without needing to declare the loans at Troubled Debt Restructurings...

I was very curious whether people start cancelling just due to the uncertainty. The good thing is, this won't be like 08/09 where you have a ton of foreclosures and shadow inventory because people were never qualified to begin with. Yes, there will be elevated unemployment if this gets bad, but...

All debt, landlord payments, etc, is all going to get pushed back a month.  Everything kicked down the road. Would be shocked if it doesn't happen.  Don't know any other way to not leave small businesses, who don't have capital, totally screwed.  I also assume we'll see some swift regulations...

6% of the US population is not going to pass away from this. 1st off, that is using a very high mortality rate and essentially assuming no action to "flatten" the curve.  And if that happens...good luck, it isn't just going to be 6% of the US. This bug doesn't discriminate. Worse case scenarios...

Just like there is no way there were only the # of cases China claims to exist. US population is much bigger than Italy so obviously the ultimate numbers will be largely than Italy.  Italy also has one of the oldest populations in the world and in general has a much larger portion of its...

I wish we would just test all Americans at this point. I have a vague theory that we would find out we have a massive number of people who were infected with the virus with zero to no symptoms at all. If we had that data, I wonder if reactions/responses would be different.  The caveat to that...

Yes - I see unemployment spiking quicker than we have ever seen. 

I think I had previously mentioned, but I had a completely seamless experience. Everything went exactly as I expected and was very easy. 

Well...I'll give you a scenario where LL is correct.  Lets say that the homes sitting vacant, which are owned and cash owned, the individuals decide they don't want to own them or there is a bigger macro liquidity event that forces that demographic of people to need access to their cash faster...

Ha - I was in the same boat as you in 2012...very glad that I ended up sticking with my purchase at that time. 

Back in the mid 90's, where there was also a pretty big drop...I recall Irvine getting hit really hard. Not sure how it fared relative to other areas and obviously that is a long time ago, but I know in a very short window property prices took a huge hit and took a decent chunk of time to...

And if someone knows where I can get cheaper...please let me know :). I should clarify this is on a townhome as well (which often times lenders have a slightly higher charge for). 

2.875

My loan (in process) currently has absolutely zero fees (as in...not a penny). I have a couple co-workers who have used them with nothing but positive things to say.  For the particular loan I was getting (conforming 15 year fixed), they had the best rate at the time as well (at least based upon...

I'm in the process of refinancing with them. So far, everything has been exactly what they have said it would be.  Extremely easy thus far with nothing but high remarks. Devil is in the details though, so we will see how they execute at the end.