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The $16 trillion U.S. mortgage market — epicenter of the last global financial crisis — is suddenly experiencing its worst turmoil in more than a decade, setting off alarms across the financial industry and prompting the Federal Reserve to intervene.

The percentage of mortgages underwater — when a mortgage exceeds value — has decreased dramatically in South Florida since the Great Recession, meaning the region may be better prepared to weather COVID-19 than the downturn a decade ago.

Realtors are taking advantage of nearly every type of modern technology to maintain the embers of the real estate market.

Melissa Diaz has worked on a wide range of accounting and audit services across the southwest and internationally, with a specialty in the healthcare industry. She is a shareholder, and financial and GAAP accounting badass at High Rock Accounting, where she assists clients with GAAP compliance, financial modeling, financial reporting, and general financial accounting inquiries. She is currently the loving mother to two step-children and three dogs. If you’re in search of a good conversation topic, she could go on for hours about dogs in general (but particularly hers). Also sloths. Her passion for each is only rivaled by her love of travel.

Tim Ryan is U.S. chair and senior partner of PwC. Previously, he served as vice chair responsible for the firm’s strategy and stakeholder relationships including investor relations, regulatory affairs, public policy, corporate responsibility and human capital. With nearly three decades of diversified experience serving clients in the financial services industry in the U.S. and internationally, he also previously led PwC's Assurance practice and before that, led PwC's U.S. Financial Services practice and PwC's Consumer Finance Group. In 2017, he worked with a group of CEOs to launch The CEO Action for Diversity & Inclusion — the largest ever CEO-driven business commitment to advance diversity and inclusion in the workplace.

The central bank's sweeping actions suggest a cash shortage gripping sectors directly hit by the pandemic. Banks were supposed to be protected by Dodd-Frank but are still vulnerable to a funding domino effect.

Dianne Descoteaux is compliance director at Cipperman Compliance Services, based in Wayne, Pennsylvania

Congressional Democrats want forceful action to prevent damage to millions of Americans' credit scores during the COVID-19 pandemic. But the credit bureaus argue that the tools needed to protect consumers are already in place.

The coronavirus pandemic is threatening to put a damper on the Marin County, Calif., real estate market as it enters its normally busy spring season, with the nation facing economic uncertainty and a "shelter in place" order forcing the cancellation of many house events.

The real estate market, particularly in the so-called luxury tier, has been struggling for years.