How our department monitors insurance market practices
Insurance Company Contract and Rate Filings
DIFS Prohibition Orders for Consumer Finance and Credit Union.
Licensing - Consumer Finance and Mortgage
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Statutes, Rules and Regulations
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Yes. On April 6, 2020, the Federal Reserve announced a facility to bolster the effectiveness of the SBA's Paycheck Protection Program (PPP) by supplying liquidity to participating financial institutions through term financing backed by PPP loans to small businesses. The Paycheck Protection Program Liquidity Facility (PPPLF) extends credit to eligible financial institutions that originate PPP loans, taking the loans as collateral at face value. The PPPLF became fully operational and available to provide liquidity to eligible financial institutions on April 16, 2020.
Federal Reserve Paycheck Program Liquidity Facility (PPPLF) https://www.federalreserve.gov/monetarypolicy/ppplf.htm
Federal Reserve Paycheck Program Liquidity Facility (PPPLF) Term Sheet & Documentation https://www.frbdiscountwindow.org/generalpages/emergency%20credit%202020
Federal Reserve Paycheck Program Liquidity Facility (PPPLF) FAQs https://frbdiscountwindow.org/pages/general-information/faq
