Kathryn “Kate” Rock, Partner at Guidehouse, incoming President of Women in Housing & Finance and one of the foremost authorities of the Paycheck Protection Program (PPP), stops by Credit Eco to Go with Joann Needleman to talk about this transformational government program. For borrowers, the PPP was a business lifeline to get through the economic struggles brought on by the pandemic. For lenders, the PPP was a mixed bag of operational challenges and confusing regulations. At the same time, it was an expansion of business development See more +
Kathryn “Kate” Rock, Partner at Guidehouse, incoming President of Women in Housing & Finance and one of the foremost authorities of the Paycheck Protection Program (PPP), stops by Credit Eco to Go with Joann Needleman to talk about this transformational government program. For borrowers, the PPP was a business lifeline to get through the economic struggles brought on by the pandemic. For lenders, the PPP was a mixed bag of operational challenges and confusing regulations. At the same time, it was an expansion of business development opportunities for new and existing customers. The PPP is now in its second iteration. However as Kate tells us, the next challenge for lenders will be the servicing of these loans over the next five (5) plus years. See less -