Coronavirus is one mutation away from infecting millions

[Will Hunting]

Exactly. She's actually been mostly asymptomatic (so far), but was only tested because her caretaker tested positive for it

That’s ing ridiculous. I’m the asset manager for a portfolio of assisted living facilities and the management company has been testing every employee before each shift for symptoms and checking their temperatures. Pretty irresponsible for a caregiver with coronavirus to be working.

[RandomGuy]

Cuckner is a s bag but story is a nothingburger. It wasn’t $800 million of Fannie and Freddie debt that was underwritten with the same guidelines Fannie and Freddie use for the hundreds of billions of multifamily lending it does every year.

Calling it “government backed debt” is misleading, it’s the same type of “government backed” debt that all multifamily landlords have access to.

I personally think the government doesn’t need to be in the business of financing multifamily properties at al, but Cuckner didn’t get any kind of special treatment.

One has to wonder though. That is the insidious nature of conflicts of interest.

Did he get his request fast-tracked? Did he get some sort of special provision that others didn't?

Sure he falls into a category with a LOT of other people, but no one believes that his request didn't get some special consideration, even if it was simply moving to the head of the processing cue the instant he filed it.

[DMC]

People want rapid response and recovery funding but they want years of combing through the do ent to make sure that no undesirable results come from it.

Pick one or the other

[DMC]

One has to wonder though. That is the insidious nature of conflicts of interest.

Did he get his request fast-tracked? Did he get some sort of special provision that others didn't?

Sure he falls into a category with a LOT of other people, but no one believes that his request didn't get some special consideration, even if it was simply moving to the head of the processing cue the instant he filed it.

Why does one have to wonder a confirmation biased question? I don't have to wonder that.

[DMC]

That’s ing ridiculous. I’m the asset manager for a portfolio of assisted living facilities and the management company has been testing every employee before each shift for symptoms and checking their temperatures. Pretty irresponsible for a caregiver with coronavirus to be working.

Unless you witness this personally I would take that with a grain of salt. I've been into some locations that require temperature testing and some of them basically have a security guard asking you to measure your own temperature and tell them what it says. Then there's a protocol of cleaning the equipment with sprayed alcohol but half the time it's not being followed.

I would assume assisted living facilities has better preparation and medical staff to cover this things but oftentimes people get tired of repe ive actions and just find shortcuts.

[Will Hunting]

One has to wonder though. That is the insidious nature of conflicts of interest.

Did he get his request fast-tracked? Did he get some sort of special provision that others didn't?

Sure he falls into a category with a LOT of other people, but no one believes that his request didn't get some special consideration, even if it was simply moving to the head of the processing cue the instant he filed it.

Dude, that’s not how Fannie and Freddie lending works. It’s not like there’s a “processing cue” and some really long wait list. Fannie and Freddie work through intermediaries that are known as DUS lenders and they’re the ones who do all of the interfacing with landlords. If I wanted to buy a multifamily property right now I could get a Fannie and Freddie loan done in 2-3 months provided I met the underwriting guidelines.

The Kushner loan has also since been securitized and off the governments books, it’s not like the government is going to sit with the $800 million of risk through the life of he loan.

I hate Kushner as much as the next guy but the muh $800 million story is bogus.

[Will Hunting]

Unless you witness this personally I would take that with a grain of salt. I've been into some locations that require temperature testing and some of them basically have a security guard asking you to measure your own temperature and tell them what it says. Then there's a protocol of cleaning the equipment with sprayed alcohol but half the time it's not being followed.

I would assume assisted living facilities has better preparation and medical staff to cover this things but oftentimes people get tired of repe ive actions and just find shortcuts.

Yeah in this case I believe it because if they weren’t doing it the residents’ family members would be raising and I’d know about it.

[Will Hunting]

Yeah I just checked, $800 million loan for a $1.15 billion property acquisition, so 70% LTV. That’s actually 5% less than the 75% LTV maximum Freddie is able to lend up to in multifamily under its guidelines.

Sorry to those with TDS but this story has absolutely no legs.

[CosmicCowboy]

Damn...this nursing home is ed up! 66 out 0f 84 residents are infected as of today.

https://www.expressnews.com/news/loc...tent=headlines

[pgardn]

I love how everyone is now turning into a nationalist during a pandemic. 3m apparently needs to prioritize American lives over the lives of people in other countries. I'm just wondering what happened to all the bleeding hearts.

Oh you mean like Kushner nationalizing the dwindling PPE stockpile because the States are asking for help.

“But, But,... it’s for the nation!”

United States... Pitiful leadership from the top.

[boutons_deux]

Damn...this nursing home is ed up! 66 out 0f 84 residents are infected as of today.

https://www.expressnews.com/news/local/article/At-San-Antonio-nursing-home-59-of-71-residents-15175607.php?utm_source=newsletter&utm_medium=emai l&utm_campaign=SAEN_DailyHeadlines&utm_term=news&u tm_content=headlines

bag Repug Paxton MISgovernance in Repug hole TX

"Nursing homes and other long-term care providers are

regulated by the Texas Department of Aging and Disabilities (DADS).

DADS licenses and inspects these facilities, which

must meet stringent health and safety standards to maintain their good standing

to provide long-term care in Texas.

https://www2.texasattorneygeneral.gov/seniors/long-term-care-nursing-homes-assisted-living-and-home-health-care

============

"for profit" can't find ownership, perhaps "Friends of Ken"?

https://health.usnews.com/best-nursi...-center-675883

[FlAVaK]

Don't fully agree with this. The market is defined however consumers define it and in situations like this it could well be the needs of the country or people. The problem isn't that at ta time like this it becomes important, its that ONLY at a time like this it becomes important.

Speaking of 3M:

400000 masks ordered by Germany were "stolen" by (redirected to) US at Bangkok Airport...

[CosmicCowboy]

Cuckner is a s bag but story is a nothingburger. It was $800 million of Fannie and Freddie debt that was underwritten with the same guidelines Fannie and Freddie use for the hundreds of billions of multifamily lending it does every year.

Calling it “government backed debt” is misleading, it’s the same type of “government backed” debt that all multifamily landlords have access to.

I personally think the government doesn’t need to be in the business of financing multifamily properties at al, but Cuckner didn’t get any kind of special treatment.

Plus, its typical boutons bull . Freeze just delays payments. It doesnt eliminate them.

[Will Hunting]

Plus, its typical boutons bull . Freeze just delays payments. It doesnt eliminate them.

Also in exchange for the interest payment deferment landlords are required to agree to not evict anyone between now and December 21 (potentially later if this is still going on then). It’s by no means a pure government handout. All of the properties that I’m the asset manager over have agency debt and I still haven’t decided whether to pros outweigh the cons of what Fannie and Freddie are offering.

[LaMarcus Bryant]

I hope Biden announces Gov. Whitmer as his running mate. This would be a reverse-Palin

[pgardn]

Speaking of 3M:

400000 masks ordered by Germany were "stolen" by (redirected to) US at Bangkok Airport...

MAGA

[DMC]

From what I read most of the ventilators reported as faulty and needing repair had dead batteries because they've been sitting unopened in storage for over a decade.

Which means they were never tested or "PMed" at all.

[leemajors]

Basically he's doing everything two months late.

He's had no problem using the defense production act for weapons and bombs.

[DAF86]

Don't fully agree with this. The market is defined however consumers define it and in situations like this it could well be the needs of the country or people. The problem isn't that at ta time like this it becomes important, its that ONLY at a time like this it becomes important.

How convinient

[DMC]

He's had no problem using the defense production act for weapons and bombs.

Different industry.

[boutons_deux]

Speaking of 3M:

400000 masks ordered by Germany were "stolen" by (redirected to) US at Bangkok Airport...

I think it was Hungary or Poland that robbed plane of medical gear headed to pandemic Italy

Planet goes "Lord of The Flies"

(like Joshua Tree natl Park trashed during Trash's I- up-everything govt shutdown)

[picnroll]

So glad the renowned supply chain manager Kushner has taken the reigns. He does have the most important qualification, not exposing the Trump administration’s fumbling and incompetence.

[Reck]

I hope Biden announces Gov. Whitmer as his running mate. This would be a reverse-Palin

I keep hearing that name. What’s what makes her good? Besides the fact she’s under Trump’s skin.

[DarrinS]

[hater]

lots of drugs are good at combating the virus

even that Cuban drug prob does better than any

doesnt mean it will go away

“there is no wonder drug for this” - Dear Dr Facci