WASHINGTON–Saying they are seeking to keep homeowners and renters up to date with accurate housing assistance information during the COVID-19 national emergency, the Consumer Financial Protection Bureau, Federal Housing Finance Agency, and the Department of Housing and Urban Development (HUD) launched the new mortgage and housing assistance website.
The three agencies said they are offering extensive CARES Act assistance and protection for Americans having trouble paying their mortgage or rent during the COVID-19 national health emergency. The site consolidates the CARES Act mortgage relief, protections for renters, resources for additional help, and information on how to avoid COVID-19 related scams, and further provides lookup tools for homeowners to determine if their mortgage is federally backed, and for renters to find out if their rental unit is financed by FHA, Fannie Mae, or Freddie Mac, the three organizations said.
Other Tools
In addition to the tools made available by HUD and FHFA, the CFPB said it has partnered with FHFA on the Borrowers Protection Program to enable the agencies to share servicing information to protect borrowers during the coronavirus national emergency.
The Bureau reminded it also has a centralized webpage with information on how consumers can protect their finances during the pandemic.
The resources include:
- https://www.consumerfinance.gov/about-us/blog/what-you-need-to-know-about-student-loans-and-coronavirus-pandemic/
- https://www.consumerfinance.gov/about-us/blog/guide-coronavirus-mortgage-relief-options/
- https://www.consumerfinance.gov/about-us/blog/guide-covid-19-economic-stimulus-checks/
- https://www.consumerfinance.gov/about-us/blog/help-small-businesses-during-covid-19-pandemic/
- https://www.consumerfinance.gov/coronavirus/