Economists and housing specialists are closely watching the impact of the COVID-19 crisis on current and impending foreclosure rates. Certain regions of the country are more at risk than others, with areas along the West Coast, clustered around New York,...
Financial health survey reveals that families face major challenges in paying for basic resources and do not know where to turn for assistance.
SpringFour is in a unique position to help address issues related to the unprecedented financial strain caused by the COVID-19 pandemic. Our mission and business model has always been to partner with financial institutions and others to provide specific, local resources to families who need financial assistance. To this end, in late July, SpringFour issued a report of findings related to trends in resource need following the COVID-19 pandemic.
The United States may be on the brink of an unprecedented eviction crisis with 23 million renters at risk of losing their homes. The CARES Act, which included a temporary eviction moratorium, stopped protecting renters from eviction on July 31. In response, SpringFour’s data team developed a Tenant Tip Sheet to help end users struggling to maintain adequate housing. This tip sheet provides essential information on tenant rights and responsibilities under the CARES Act, provides links to local and state eviction moratoriums, and provides links to tenant advocacy organizations and rental resources available through SpringFour.
SpringFour Co-Founder and CEO Rochelle Gorey discusses SpringFour’s journey to becoming a Financial Health Network Leader.
No financial institution wants to have to give its customers bad news–especially in a time like this, when so many are experiencing financial hardship due to the COVID-19 pandemic. Forward-thinking companies are looking for ways to help turn a negative experience into a more positive exchange during this trying time–but they often don’t have the right resources at their fingertips. SpringFour can help you connect to your customers and enable your employees to feel that they are providing a value-added service that no other lender can offer.