Senate Passes $2 Trillion Stimulus Bill That Includes Relief For Retail, Hotels, Multifamily

"The Senate, voting unanimously just before midnight Wednesday evening, passed the economic aid package...[A] section of the bill allows a multifamily borrower with a federally backed multifamily mortgage who is experiencing financial hardship due to the COVID-19 emergency...to request a forbearance - a temporary reprieve on payments - for 30 days. Borrowers can also request two 30-day extensions."

Charles Schwab Will Move HQ From San Francisco To Dallas After $26B TD Ameritrade Merger

"Charles Schwab is moving its corporate headquarters to Westlake, Texas, after the brokerage firm merges its business operations with TD Ameritrade. San Francisco-based Charles Schwab announced on Monday an agreement to buy TD Ameritrade in an all-stock transaction valued at $26B."

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