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Today is: April 9, 2020  
 
 

  

Monthly Telephone Briefing

BCG offers its members monthly Telephone Briefings on legal and regulatory matters. Also, you have the option to listen to audio presentations of meetings archived for up to 12 months after their original presentation dates. This benefit is called, “Listen While You Work.” You simply select a topic, minimize the screen, and listen to a streaming audio presentation while you work at your desk.

Please feel free to sign up annually, register for the next scheduled BCG Monthly Telephone Briefing or download an archived Handout below.

 

BCG Monthly Telephone Briefing Schedule 2020
Jan Feb Mar April May June July Aug Sept Oct Nov Dec
17 21 20 17 15 19 17 21 18 16 20 18

 

Current BCG Monthly Telephone Briefing Topic(s)

 

  

 

Friday, April 17, 2020
12:00 - 1:30 p.m.

Coronavirus Aid, Relief, and Economic Security Act (H.R. 748)

On March 27, 2020, President Trump signed H.R. 748, the “Coronavirus Aid, Relief, and Economic Security Act” (CARES Act), into law. The CARES Act includes several provisions that are intended to soften the economic impact of the COVID-19 outbreak on businesses and individuals by, among other things, adding liquidity to the market and easing certain regulatory burdens on community banks. For example, the CARES Act provides small businesses with payroll assistance (the “Payroll Protection Program”) and temporarily adjusts the Community Bank Leverage Ratio. We will discuss these and other significant provisions of the CARES Act. A separate discussion will be presented during the Briefing regarding the CARES Act provisions related to consumer and mortgage lending (please see below). Handout to be posted Thursday  April 17th.

CARES Act Restrictions on Residential Foreclosures and Other Matters

The CARES Act includes specific provisions directed at residential mortgage lenders and other consumer creditors. Join us as we discuss the CARES Act provisions related to consumer and mortgage lending. These include a moratorium on foreclosures of government-backed mortgages and new mandates for credit reporting of COVID-impacted loan deferrals on both private and government loans. We will also briefly cover recent and proposed changes to California law on the same topics. Handout to be posted Thursday  April 17th.

 

 

 

 
 
 
 
 
 

 

 

 

 

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