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ABA: The American Bankers Association
Compliance News

CFPB, FHFA, HUD Launch Website Providing Housing Assistance Information

With many Americans struggling to make their monthly mortgage or rent payments, the Consumer Financial Protection Bureau has partnered with the Federal Housing Finance Agency and the Department of Housing and Urban Development to launch a new website to provide individuals with accurate, up-to-date information on forbearance and other assistance options.

The website consolidates the CARES Act mortgage relief, protections for renters, resources for additional help and information on how to avoid scams related to the coronavirus. It also enables homeowners to look up whether their mortgage is federally backed or if their rental unit is financed by the Federal Housing Administration, Fannie Mae or Freddie Mac.