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REO firms look out for new 'mission' metrics after GAO recommendation - Vimarsana News

REO firms look out for new 'mission' metrics after GAO recommendation

One government agency is committed to collecting new data about foreclosure sale outcomes during the current lull in activity. The industry hopes it won’t lead to developments that bog down work later.

Hurting long before COVID-19, failing companies took stimulus money then closed anyway - Vimarsana News

Hurting long before COVID-19, failing companies took stimulus money then closed anyway

Hurting long before COVID-19, failing companies took stimulus money then closed anyway Josh Salman, USA TODAY Replay Video UP NEXT Stein Mart Inc. was desperate for shoppers long before COVID-19 forced closures at its discount department stores, scattered mostly throughout the Southeast.  During the past several years, the Florida retailer had hemorrhaged tens of millions of dollars, while searching for a corporate buyer. Like many struggling businesses, the company in June turned to the federal government’s Paycheck Protection Program, or PPP, as a possible savior. The $...

Source: msn.com
Hurting long before COVID-19, failing companies took stimulus money then closed anyway - Vimarsana News

Hurting long before COVID-19, failing companies took stimulus money then closed anyway

Hurting long before COVID-19, failing companies took stimulus money then closed anyway Josh Salman, USA TODAY Replay Video UP NEXT Stein Mart Inc. was desperate for shoppers long before COVID-19 forced closures at its discount department stores, scattered mostly throughout the Southeast.  During the past several years, the Florida retailer had hemorrhaged tens of millions of dollars, while searching for a corporate buyer. Like many struggling businesses, the company in June turned to the federal government’s Paycheck Protection Program, or PPP, as a possible savior. The $...

Source: msn.com
U.S. GAO - Disaster Housing: Improved Cost Data and Guidance Would Aid FEMA Activation Decisions - Vimarsana News

U.S. GAO - Disaster Housing: Improved Cost Data and Guidance Would Aid FEMA Activation Decisions

FEMA has a number of direct housing or rental assistance programs that it can activate to meet the housing needs of disaster survivors.To determine which program or programs to activate, FEMA considers factors such as cost-effectiveness—which can help it provide the most assistance with available resources. But FEMA doesn't have enough information on program cost-effectiveness because it doesn't collect data in a way that allows it to analyze the full costs of providing assistance.To better inform its decisions, we recommended that FEMA specify what cost data to collect and change its data s...

Source: gao.gov
Cash flow, Moshiri's capital injections & the potential placement of new shares - Vimarsana News

Cash flow, Moshiri's capital injections & the potential placement of new shares

Cash flow, Moshiri’s capital injections & the potential placement of new shares What factors influence cash flow, how do clubs deal with negative cash flow and what is the situation at Everton under Farhad Moshiri, particularly in view of the mooted issue of new shares? Jack Welch, the former CEO and Chairman of General Electric (GE), had a favourite saying. “If I had to run a company on three measures, they would be customer satisfaction, employee satisfaction and cash flow. Cash flow is the pulse, the vital sign of the company.” If cash flow is so important, then what is it?