Media Advisory: Consumer Financial Protection Bureau Releases Video on How Mortgage Forbearance Works Under CARES Act
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (Bureau) has released a video on how struggling homeowners can obtain mortgage forbearance if their finances are impacted due to the COVID-19 pandemic.
The Bureau has also issued additional information for consumers on mortgage and student loan payment relief and how to avoid scams.
Below are the resources for consumers:
VIDEO: CARES Act Mortgage Forbearance: What You Need to Know
Guide to coronavirus mortgage relief options
What you need to know about student loans and the coronavirus pandemic
The Consumer Financial Protection Bureau (CFPB) is a 21st century agency that helps consumer finance markets work by making rules more effective, by consistently and fairly enforcing those rules, and by empowering consumers to take more control over their economic lives. For more information, visit www.consumerfinance.gov.