The CARES Act, passed by the US government on March 27, 2020, will provide economic relief to American families, workers, and businesses facing financial hardship as a result of the COVID-19 pandemic. The stimulus package includes direct and indirect financial benefits to individuals, such as payments to individuals or early access to funds in retirement plans, respectively. While tackling their own challenges in ensuring business continuity and service delivery during the prevailing crisis, the financial institutions that lend to the communities play an important role in driving recovery and striding forward.
TCS’ Digital Mortgage Services, Mortgage Forbearance Solution, and Paycheck Protection Program Loan Forgiveness Solution will offer the much-needed enablement to banks and mortgage servicers. Explore our solutions and learn how TCS stands ready to support US banks and financial institutions as they embark on this nation-rebuilding initiative.